Book of two days of meetings of the organism, the title of the Lined signal at a press conference that the salute of the global economic mayor depends on the advance of the pandemic and the rhythm at which the evacuation is proceeding.
President Joe Biden assumes that the vacancy will reach 100 million people in the first 100 days of his term.
Powell’s comments on Hundred’s dogs on Wall Street, with the Dow Jones losing 2%.
Millions of people are unemployed, says Powell, who indicates that the “green bag” of example is 10% included when women abandon the labor market and start looking for work. The official tax rate is 6.7%.
In this context, the Fed measures how it rates interest rates in the range of 0 to 0.25%, as of March 2020 when the hurricane pandemic abruptly on the state economy.
These taxes are historically low and until recently the country recovered the full employment and inflation was down to 2%, which is “in moderation rather than 2%”, according to the Fed.
This is the 2021 meeting, the first since Biden took place.
Help plans
The Fed’s meeting will take place where the Congress votes one plan 900 million dollars in aid at the end of December, with direct aid to families.
Biden claims that the Congress approves an economic estimate of $ 1.9 trillion.
According to Powell, the need to help companies and hospitals.
The bus plan will provide immediate assistance to families and businesses and dynamize the evacuation. There will be a sequel, according to the governor, of a plan of inversions that have no characteristic features.
The Fed meeting marks the end of the United States’ GDP diffusion for the 2020 quarter.