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Tag Archives: Federal Reserve

Fed’s Barkin: COVID-19 Cases Raise Uncertainty

The increase in the number of new Coronavirus (COVID-19) cases in the United States led to more uncertainty to the economic outlook, according to the President of the Federal Reserve Bank of Richmond, Thomas Barkin. “An elevated case rate raises economic uncertainty and that affects businesses’ willingness to hire or …

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Fed’s Evans Sees Easing Beyond 2023

The United States Federal Reserve is set to maintain monetary easing after 2023 to realize the inflation target, even when it begins raising rates, President of the Federal Reserve Bank of Chicago, Charles Evans, said. “We are not going to follow a strict numerical formula to determine the time of …

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