June 10, 2020/US Federal Reserve The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Open Market Committee participants for the June 9-10 meeting. The table will be incorporated into a summary of economic projections released with the […]
Updates
Federal Reserve issues FOMC statement
June 10, 2020/US Federal Reserve The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The coronavirus outbreak is causing tremendous human and economic hardship across the United States and […]
Daily Market Update for June 10, 2020-Cordros
June 10, 2020/Cordros Report EQUITIES The domestic bourse closed lower in today’s session, as investors took profit in market heavyweight BUACEMENT (-3.9%). Thus, the All-Share Index declined by 0.5% to 25,215.04 points. Accordingly, the Month-to-Date return (-0.2%) turned negative, while the Year-to-Date loss increased to -6.1%. The total volume of […]
