Unemployment claims in the United States dropped even further to mark another low since the COVID-19 pandemic for the third consecutive week, the Labor Department reported. Initial unemployment claims fell 13,000 to 553,000 for the week ending April 24. The previous week's claims were revised higher by 19,000 to 566,000.The four-week moving average fell by 44,000 to … [Read more...] about U.S. Jobless Claims Continue To Mark Pandemic Low
U.S. GDP Beats Expectations With 6.4% Growth In First Quarter
The United States economic growth beat market expectations after growing by 6.4% in the first three months of the year, the Commerce Department reported. Economists surveyed by Dow Jones expected the gross domestic product at 6.5% for the quarter. The growth was driven by higher personal spending, federal government spending, and state and local government … [Read more...] about U.S. GDP Beats Expectations With 6.4% Growth In First Quarter
What You Need to Know About Fed Chair Powell’s Latest Statements
The U.S. Federal Reserve chose to keep policy rates unchanged in its meeting this week but noted that economic activity is growing, according to CNBC. Chair Jerome Powell said the Fed will wait for inflation to rise to the 2% target before reconsidering the target range of 0 to 0.25%, which remains "appropriate."It will take some time for inflation to move up persistently, … [Read more...] about What You Need to Know About Fed Chair Powell’s Latest Statements
BigExpert Review
BigExpert is a 100% automated Forex EA that is specially designed for the EUR/USD pair. As per vendor claims, it has been tested for more than 11 years using a strategy tester. It was only launched on 6th March 2021, so it hasn’t been trading live for too long now. Detailed Forex Robot Review On the MQL5 page of BigExpert, we have been provided with a brief overview … [Read more...] about BigExpert Review
Fiscal Policy and Monetary Policy
Central banks use monetary policy in their efforts to steer economic growth in countries. Monetary policies determine how much money is circulated in an economy during a specific period. While it may sometimes achieve the same effect as monetary policy, fiscal policy has to do with the taxation mechanisms adopted by governments and how the collected taxes are … [Read more...] about Fiscal Policy and Monetary Policy
