Job Seekers, Homebuyers, Stock Investors Are Expected to Benefit From Fed’s New Strategy

  • 📰 WSJ
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

The Fed’s new strategy means interest rates are likely to stay exceptionally low for longer—a boon to people looking for work, buying a home or investing in stocks

Economists have long used letters of the alphabet like V and U to describe economic recoveries. But the coronavirus downturn is so different from past recessions that economists are coming up with new shapes to describe the potential recovery.

WSJ explains. Illustration: Jacob Reynolds

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

heatherscope Not so hot for savers or pension funds FinancialRepression

NEW: JoeBiden's full statement on Donald Trump's America ahead of tonight's speech 'So when Donald Trump says tonight you won’t be safe in Joe Biden’s America, look around and ask yourself: How safe do you feel in Donald Trump’s America?'

I have been advocating this policy change since Alan Greenspan forced the country into a recession back in 1991 with his idiotic rate increases just as the economy was reovering. It only took them 30 years. Sorry 29. :)

This apparatus of government primarily works in concert with other monetary policy measures to make richer the already rich?

That covers at least 5% of America. For the other 95%, ur screwed.

Free market is dead. Capitalism is dead. Capital allocation function is dead. Wealth gap will grow. Zombie companies will grow. Middle managers will be fired as mergers come. Savers punished. Stealth inflation hurts most everyone. Tell the truth wsj

Why doesn’t the Fed and realDonaldTrump just sent us Senior citizens who are trying to survive on Social Security and investment interest a cyanide pill to just kill us and be done with us

Hello, anticorruption TI_InterBr U4_ACRC OECD IMFNews FT TheEconomist washingtonpost Bolsonaro is corrupt! BolsonaroCorrupto

Let's be serious -- it's mostly a benefit to the already rich and the leveraged investors. 'Near zero interest rates' are not 'natural' and it is nothing less than a huge government subsidy to the shareholders of the ruling capitalist class?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

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

Knife attack on NYPD officer was motivated by ISIS, feds sayProsecutors said a man who stabbed one officer and shot another June 3 in Brooklyn demonstrated an 'interest in and support for violent Islamic extremism.' Inspiration also come in the form of Fox News. Member when Trump. Abandoned the kurds and turkey freed all those Isis fighters? Yeah.
Source: NBCNews - 🏆 10. / 86 Read more »

UK retail job losses: Fastest cuts since 2009, says CBI - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tiffany Trump At RNC: ‘I Can Relate’ To Americans Looking For A JobIn her GOP convention speech, Trump noted she is a recent law school graduate. She is also the daughter of the wealthiest president in history.
Source: HuffPostParents - 🏆 414. / 53 Read more »

Pence’s Job at RNC Is to Lie About Trump and COVID-19Mike Pence's job at the RNC2020 is to reinforce the claim that the Trump administration saved millions of lives with its speedy and effective COVID-19 response — a fairy tale the convention has already spent considerable time promoting. ed_kilgore writes ed_kilgore Is he still on the ticket? ed_kilgore That’s everyone’s job tho ed_kilgore Models did predict millions dead initially.
Source: NYMag - 🏆 111. / 63 Read more »

Salesforce notifies employees of around 1,000 job cuts amid stock surgeAbout 1,000 Salesforce employees will be affected by job cuts. Employees were told they have 60 days to find a new role in the company. Never in eight years under Obama-Biden have we had so much violence in our neighborhoods. Have over 5 million infected, over 176,000 dead... I could go on. VoteBlueToSaveAmerica2020 Shame on salesforce 80 days before the election. Should be interesting.
Source: USATODAY - 🏆 100. / 63 Read more »