Tag Archives: starting business

A Yellen replacement is unlikely to throw Fed off course, says Bullard

As President, Donald Trump officially started his presidential career in January, deafening whispers to circulate around Washington that it is soon the end of another coveted title: the Federal Reserve chair was able to write.

Six months, Janet Yellen, remains at the helm of the US Central Bank and, according to one of its members, the chances of a drastic overhaul are becoming less and less likely.

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“What’s the rush’ on interest rate hikes, asks Fed Kashkari

With inflation low and wages there is little sign of an upward wave, the US Central Bank should not increase interest rates, Minneapolis Fed President Neel Kashkari said on Tuesday.

“What’s the hurry?” Kashkari asked, at an event at the Michigan Technological University in Houghton, Michigan to add that neither wages nor inflation data, signs of overheating in the economy and in fact may suggest that there is still some slack in the labour market.

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Lethal amphibian disease killed

For the first time, researchers have eliminated а devastating amphibian fungal disease in а population of toads.

The chytrid fungus is highly contagious and is responsible for devastating amphibian populations worldwide.

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China’s economy is developing steadily

The growth of China’s GDP amounted to 6.7% in the third quarter of this year. This is according to the report of the State Statistical control of the country. According to expert forecasts, the Chinese economy grew at an annual rate, the same index as in the two previous quarters.

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Ford, Nissan, GM, Toyota report April US sales declines

Ford, Nissan, General Motors and Toyota all reported U.S. sales declines in April, strong signs that the demand for cars, trucks and SUV starts to slow, after seven years of growth.

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The head of US Treasury believes that sanctions significantly harm Russia

Jack Lew said that the recommendation of the US authorities to buy the banks of the Russian Eurobonds, in fact, that was part of the sanctions policy.

WASHINGTON. US Treasury Secretary Jack Lew said that the Western sanctions on Russia damage significantly.

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