Global stocks mixed as Fed vows to keep interest rates low

Fed Chair Jerome Powell also stressed the need for more stimulus from Washington, noting 11 million people are still out of work due to the pandemic.

But United States President Donald Trump on Twitter urged Republicans in Congress to"go for the much higher numbers," without specifying what he meant. "After the initial bounce-back in many activities following the easing of confinement measures, there are some signs from high-frequency indicators and business surveys that the pace of the global recovery has lost momentum since June, particularly in many advanced economies," the OECD said.

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bill Gates offers grim global health report, and some optimism
Source: ANCALERTS - 🏆 26. / 50 Read more »

Facebook is failing in global disinformation fight, says former worker
Source: ABSCBNNews - 🏆 5. / 83 Read more »

Virus cost global tourism $460 billion in January-June: UN
Source: ABSCBNNews - 🏆 5. / 83 Read more »

WTO says American tariffs on China broke global trade rulesnytimes how about china taking over the spratley islands? isn’t that a violation of global rules? how does that feel china?🤣🤣🤣
Source: ABSCBNNews - 🏆 5. / 83 Read more »

Meet Mela Habijan, Miss Trans Global 2020proud to be her former student ❤
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Taiwan calls for global defense against China 'threat'Yes, ‘threat’, that’s what they say 👏 China doesn’t seem to be a threat for the Philippines, as far as the government is concerned with 🏳️ up! Pussy, DPP has already betrayed the constitution of Republic of China and don't even dare to announce Taiwan is a country officially. Taiwan is the province of Republic of China as the picture proofed.
Source: ABSCBNNews - 🏆 5. / 83 Read more »