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The Fed's weight reduction takes the whole body into action. When it ends is more important than when it starts
These days, all discussions in the financial markets focus on when the Federal Reserve will begin to cut the scale of debt purchases, but for all markets, such as stock and bond exchanges, what is more important is when debt purchases can end. Investors have made few major moves; they are all eagerly awaiting the Jackson Hole seminar, which will kick off on Thursday. On Friday, Federal Reserve Chairman Jerome Powell may provide clues about when and how the Fed will reduce debt purchases. This will help determine the timeline for the Fed's interest rate hike. Withdrawing from the stimulus measures can be described as a full-throttle move. Right now, large amounts of liquidity in the financial system have pushed the US stock market to record highs, and earnings on US treasury bonds
Delta increases health insurance premiums for unvaccinated employees to cover higher COVID-19 costs
Ed Bastian, CEO of Delta Air Lines (Delta Air Lines) of the United States of America, informed employees on Wednesday that starting November 1, health insurance premiums for employees who have not been vaccinated against COVID-19 will increase by $200 per month on the grounds that they pay high fees for employees hospitalized due to COVID-19 infection. Delta said employees who have not been vaccinated against COVID-19 will also face other restrictions, including indoor mask regulations that will take effect immediately and weekly COVID-19 testing starting September 12. Bastian said in an employee memo: “The average cost of hospitalization for Delta employees infected with COVID-19 is 5
ECB Chief Economist: Once the impact of the Fed's reduction in size becomes apparent, the central bank will have countermeasures
The ECB's chief economist Philip Lane said that the ECB is ready to deal with any market interference that may be caused by the Federal Reserve starting to reduce QE. “The ECB is not a passive bystander,” Lane said in an interview. “If spillover effects affect the financing situation in the Eurozone, we are willing and able to take appropriate action, as we have proven”. Lane emphasized that policymakers are determined to maintain a favorable financing environment in the Eurozone, which suggests that once the anti-epidemic emergency debt purchase program expires, it will take some time to decide how to buy bonds. “We don't need to be too early
The bulls are blowing too much, and Musk will answer Tesla's difficult technical questions on AI Day
Original title: More Bulls, Musk Will Answer Tesla's Tough Technical Questions on AI Day Source: Sina Technology News on the morning of August 19, Beijing time. According to reports, in April 2019, Tesla held an “Autonomous Driving Day” event. At that event, Tesla CEO Elon Musk (Elon Musk) said that by mid-2020, Tesla CEO Elon Musk (Elon Musk) said that by mid-2020, Tesla will have more than 1 million autonomous vehicles, and passengers “can sleep in cars” during the trip. However, now that 2020 is already over, and even 2021 is more than half over, Tesla has not achieved it
JATT Acquisition Shares Expected To Open For Trade Today; IPO Priced At $10/Unit
JATT Acquisition Shares Expected To Open For Trade Today; IPO Priced At $10/Unit
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