STATUS CHECK: NASDAQ WOWS; TRUMP REPEATS; SHELTON UP
WASHINGTON (MaceNews) – The following is Monday’s updated status check of developments in the U.S. that can influence economic, health and political outcomes: With the VIX down 4.13% to a calmer 24.60, the Nasdaq set another record in a big way, gaining 2.51% or 263.90 on the back of Tesla (+9.47% to record high), Peloton […]
BOE’S HALDANE: MPC MULLING SUB-ZERO RATES DESPITE STRONG ECONOMIC RECOVERY
By Laurie Laird LONDON (MaceNews) – The Bank of England is continuing to assess the efficacy of negative interest rates, despite a stronger-than-expected economy recovery, the bank’s chief economist said Monday. Sub-zero interest rates are “actively under review,” said Andy Haldane, addressing the UK’s Treasury Select Committee. The bank could also consider expanding its quantitative […]