Tuesday, August 11, 2020
Tags Monetary / fiscal policy / policy makers

Tag: monetary / fiscal policy / policy makers

HSBC warns it could face reprisals in China if UK bans...

(Reuters) - HSBC Holdings Plc () Chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei Technologies...

China’s young spenders say #ditchyourstuff as economy sputters

BEIJING (Reuters) - Tang Yue, a 27-year-old teacher from the city of Guilin in southwest China, steam-presses a blue dress and takes dozens of...

UK in talks with Amazon over delivering coronavirus tests: FT

LONDON (Reuters) - Britain has approached Amazon and other companies about using their services to step up the delivery of coronavirus tests...

U.S. junk bonds fall despite unprecedented Fed stimulus

NEW YORK (Reuters) - Prices of the riskiest U.S. corporate bonds fell on Monday as investors bet that the Federal Reserve's pledge to backstop...

Another black Monday as coronavirus response upends Wall Street

NEW YORK (Reuters) - Wall Street suffered its biggest drop since the crash of 1987 on Monday after unprecedented steps taken by the Federal...

Airlines slash schedules, jobs and pay after new travel restrictions

SYDNEY/CHICAGO (Reuters) - Airlines around the world said they would make more drastic cuts to their flying schedules, shed jobs and seek government aid...

Global central banks pull out all stops as coronavirus paralyzes economies

SYDNEY (Reuters) - The U.S. Federal Reserve and its global counterparts moved aggressively with sweeping emergency rate cuts and offers of cheap dollars to...

Fed brings out big guns, investors fear the worst

NEW YORK (Reuters) - A massive rollout of easing measures by the Federal Reserve served to deepen some investors' anxiety over how effectively policymakers...

Quotes from Federal Reserve Chair Powell’s press conference

WASHINGTON (Reuters) - The U.S. Federal Reserve and global central banks moved aggressively on Sunday to buttress a world economy unraveling rapidly amid the...

What do the Fed’s latest moves mean for U.S. consumers?

WASHINGTON/NEW YORK (Reuters) - The U.S. Federal Reserve unleashed new emergency measures on Sunday night to limit the economic harm from the coronavirus, including...