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Added on the 16/06/2021 20:55:27 - Copyright : AFPTV - First images
The US Federal Reserve holds interest rates at a 23-year high. "Today, the FOMC (Federal Open Market Committee) decided to leave our policy interest rate unchanged and to continue to reduce our securities holdings," announces US Fed Chair Jerome Powell. SOUNDBITE
"The median projection for real GDP growth stands at just 0.5 percent this year and next," says US Federal Reserve Chair Jerome Powell. SOUNDBITE
US Federal Reserve Chair Jerome Powell says the rise in Covid-19 cases has "slowed" the economy's recovery, during a press conference in Washington. SOUNDBITE
The eurozone economy could shrink by five to 12 percent, but ECB foresees a recovery depending on the duration of the confinement measures aimed at curbing the outbreak and the policy responses to the pandemic, ECB chief Lagarde says. SOUNDBITE of Christine Lagarde
The Federal Reserve will leave its key interest rate at zero "until we're confident that the economy has weathered recent events and is on track to achieve our maximum employment and price stability goals," says Fed Chair Jerome Powell during a press conference. SOUNDBITE
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