[ad_1] Federal Reserve Chairman Jerome Powell said on Friday the US continues to recover from the pandemic recession, and that progress could allow the central bank to dial back its extraordinary efforts to prop up the economy later this year. Report informs, citing foreign media, that Powell cautioned, however, that the recovery remains uneven and… Continue reading Fed Chair says US may soon start reducing massive economic support
Tag: chair
US Federal Reserve Vice Chair supports interest rates liftoff in 2023
[ad_1] The US economy is on track by the end of next year to meet the employment and inflation hurdles the Federal Reserve has set for raising interest rates, consistent with a liftoff in borrowing costs in 2023, Fed Vice Chair Richard Clarida said on Wednesday, Report informs via Reuters. “I believe that these …… Continue reading US Federal Reserve Vice Chair supports interest rates liftoff in 2023
Azerbaijan to chair Non-Aligned Movement for one more year
[ad_1] Azerbaijan, whose 3-year chairmanship in the Non-Aligned Movement is due to expire in 2022, responded positively to the appeal of the member states of the Non-Aligned Movement to extend the chairmanship for another 1 year after Uganda, which will become the next chair of the Movement, announced that it can take over the chairmanship… Continue reading Azerbaijan to chair Non-Aligned Movement for one more year