Capitalize Financial
No Result
View All Result
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
Capitalize Financial
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Markets

Markets Decline Globally, and Fed Hints at a Policy Review

by capitalizefinancial
May 20, 2021
in Markets
0
Markets Decline Globally, and Fed Hints at a Policy Review

U.S. stocks, commodities, overseas shares and bitcoin dropped in turbulent trading Wednesday as investors’ risk appetite diminished and the Federal Reserve signaled an eventual shift away from its easy-money pandemic policies.

The Dow Jones Industrial Average declined as much as 587 points in morning trading before paring its losses to less than 200 points, while other markets steadied as well.

Investors continued to fret about the quickening pace of inflation. Fed officials also acknowledged that evidence of mounting inflation and a robust economic recovery could lead to an earlier review of near-zero interest rates and its massive bond-buying program.

Although Fed officials have indicated the economy is still in recovery mode and requires stimulus from the central bank, several have said this week that the central bank is closely watching economic developments and will be ready to adjust policy when necessary.

Minutes from the central bank’s policy meeting in late April, released Wednesday, reported that some Fed officials want to begin discussing a plan for reducing the Fed’s massive bond-buying program at a future meeting. The Fed’s purchases of Treasury and mortgage bonds currently total at least $120 billion a month.

“A number of participants suggested that if the economy continued to make rapid progress toward the committee’s goals, it might be appropriate at some point in upcoming meetings to begin discussing a plan for adjusting the pace of asset purchases,” the minutes said.

CONTINUE..

Previous Post

Colorado Avalanche forward Nazem Kadri ejected for hit to head of St. Louis Blues’ Justin Faulk

Next Post

UBS explains why you don’t need crypto in your portfolio

Next Post
UBS explains why you don’t need crypto in your portfolio

UBS explains why you don’t need crypto in your portfolio

Search…

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial’s ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.

Recent News

Vote counting far from over as Trump-backed Dr. Oz and Dave McCormick deadlocked in PA GOP Senate primary

Vote counting far from over as Trump-backed Dr. Oz and Dave McCormick deadlocked in PA GOP Senate primary

‘There’s no stopping this team’: How the Yankees cleaned up their act and became baseball’s most dominant squad

‘There’s no stopping this team’: How the Yankees cleaned up their act and became baseball’s most dominant squad

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • Georgia
  • health
  • Markets
  • Music
  • Politics
  • Real Estate
  • receipe
  • Science
  • science
  • Sports
  • Sports
  • Tech
  • Travel
  • World

Site Navigation

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

Capitalize Financial, a news portal which provides the financial news global wide.

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

© 2021 Capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Markets
  • Real Estate

© 2021 Capitalize Financial All Rights Reserved