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Monthly archive April, 2021

Fed Acknowledges Improving Economy, Rising Inflation But Leaves Policy Unchanged

Citing progress on Covid vaccinations and strong policy support, the Federal Reserve on Wednesday upgraded its assessment of the U.S. economy but maintained its ultra-easy monetary policy as widely expected.Original Article Read More →

Dollar Loses Ground After Fed Policy Statement

The U.S. dollar slid against other major currencies after the Federal Reserve announced its monetary policy statement Wednesday afternoon.Original Article Read More →

New Zealand Posts NZ$33 Million Trade Surplus In March

New Zealand had a merchandise trade surplus of NZ$33 million in March, Statistics New Zealand said on Thursday.Original Article Read More →

German Consumer Confidence Set To Fall In May: GfK

Germany's consumer confidence is set to weaken in May as rising cases of infections and the subsequent tightening of restrictions dampened income expectations as well as the economic outlook, survey results from the market research group GfK showed on Wednesday. Read More →

Dollar Gains Some Ground Against Peers Ahead Of Fed Policy

The U.S. dollar exhibited strength against other major currencies on Tuesday after U.S. Treasury yields rose ahead of the Federal Reserve's monetary policy announcement, due on Wednesday.Original Article Read More →

European Economics Preview: Italy’s Business Confidence Data Due

Business and consumer confidence data from Italy is due on Tuesday, headlining a light day for the European economic news. At 3.30 am ET, Sweden's central bank is set to announce its interest rate decision. The bank is expected to Read More →