tag:blogger.com,1999:blog-4900303239154048192.post3157530408635118502..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: The UAE-Israel DealUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4900303239154048192.post-76917821322832738252020-08-27T11:14:33.460-04:002020-08-27T11:14:33.460-04:00Stocks rise after the Federal Reserve chair’s upda...<a href="https://www.nytimes.com/live/2020/08/27/business/stock-market-today-coronavirus?action=click&module=Top%20Stories&pgtype=Homepage#stocks-rise-after-the-federal-reserve-chairs-update" rel="nofollow">Stocks rise after the Federal Reserve chair’s update</a><br /><br />U.S. stocks edged higher on Thursday, as investors digested a speech by the Federal Reserve chair that signaled a looser approach to stimulating the economy. ...Fred C. Dobbsnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-37770509597286009382020-08-27T11:07:55.886-04:002020-08-27T11:07:55.886-04:00Fed pledges to focus on low unemployment and toler...<a href="https://www.nytimes.com/live/2020/08/27/business/stock-market-today-coronavirus" rel="nofollow">Fed pledges to focus on low unemployment and tolerate higher inflation</a><br /><br />The Federal Reserve, in a significant shift that could keep interest rates low for longer periods, said it would focus on keeping unemployment low and allow inflation to run slightly higher in good times.<br /><br />The Fed chair, Jerome H. Powell. announced the change in a speech on Thursday at the Kansas City Fed’s annual Jackson Hole symposium that was accompanied by an updated long-run statement describing the Fed’s policy strategy. He said the shifts would allow the gains of a strong economy to benefit a wide range of workers.<br /><br />“Our revised statement emphasizes that maximum employment is a broad-based and inclusive goal,” Mr. Powell said in remarks prepared for delivery Thursday, and “this change reflects our appreciation for the benefits of a strong labor market, particularly for many in low- and moderate-income communities.”<br /><br />The Fed had been raising rates as joblessness fell to avoid economic overheating that ended in breakaway inflation, but in recent years, price gains have been tepid. The changes are an explicit recognition that too low, rather than too high, inflation is the problem.<br /><br />By emphasizing the importance of a strong labor market and underlining the Fed’s modesty in understanding how long, and how far, unemployment can fall, Mr. Powell and his colleagues used their updated framework to lay the groundwork for longer periods of low interest rates, which could translate into both long periods of cheap mortgages and business loans and stronger future job markets.<br /><br />Mr. Powell, in explaining the changes, said that “with interest rates generally running closer to their effective lower bound even in good times, the Fed has less scope to support the economy during an economic downturn by simply cutting the federal funds rate.”<br /><br />The result, he said, “can be worse economic outcomes in terms of both employment and price stability, with the costs of such outcomes likely falling hardest on those least able to bear them.”<br /><br />Mr. Powell acknowledged that it might seem “counterintuitive that the Fed would want to push up inflation” which, in turn, raises prices. But he the trade-off was a less robust economy that did not deliver gains evenly.<br /><br />“We are certainly mindful that higher prices for essential items, such as food, gasoline, and shelter, add to the burdens faced by many families, especially those struggling with lost jobs and incomes,” he said. “However, inflation that is persistently too low can pose serious risks to the economy.” ...Fred C. Dobbsnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-73275980382692073352020-08-25T05:17:35.726-04:002020-08-25T05:17:35.726-04:00Hello everyone i Am williams pater and i am from U...Hello everyone i Am williams pater and i am from USA i am here to give my testimony about an herbal doctor called Dr,olu I was heartbroken because i had very small penis,not nice to satisfy a woman, i have been in so many relationship, but cut off because of my situation, i have used so many product which doctors prescribe for me, but could not offer me the help i searched for. i saw some few comments on the internet about this specialist called Dr,OLU and decided to email him on his email i saw on the internet,(drolusolutionhome@gmail.com ) so I decided to give his herbal product a try. i emailed him and he got back to me, he gave me some comforting words with his herbal product for Penis Enlargement, Within three weeks of me use it, i began to feel the enlargement, " and now it just 4 weeks of using his products my penis is about 8 inches longer, and i had to settle thing out with my ex girlfriend , i was surprised when she said that she is satisfied with my performance in bed and i now have a large penis.thanks to DR OLU for is herbal product. you can also reach him with emsil drolusolutionhome@gmail.com though is..number WHATASPP him today on this number [ +2348140654426 ] Williams Paterhttps://www.blogger.com/profile/15875064705463003263noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-73479791518144374672020-08-24T13:58:21.090-04:002020-08-24T13:58:21.090-04:00Reportedly Netanyahu is not getting much, if any, ...Reportedly Netanyahu is not getting much, if any, political credit for this diplomatic "achievement," with large demonstrations going on daily now against him and his government, which is now stuck in an impasse over a new budget.rosserjb@jmu.eduhttps://www.blogger.com/profile/09300046915843554101noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-21411540825406878722020-08-20T21:13:15.426-04:002020-08-20T21:13:15.426-04:00Juan Cole reports that the US is now offering F-35...Juan Cole reports that the US is now offering F-35 stealth planes to the UAE. These are produced by Lockheed Martin, where the current SecDef Esper worked, and indeed worked on this airplane. UAE figures are letting it out that this was part of the deal with Iarael, but this would put UAE on a technological equal level with Israel militarily in terms of aircraft. Apparently Netanyahu is claiming no knowledge of this or that it is part of the deal, and many in Israel are unhappy about this. It is being said that he is going to shaft Benny Gantz, with whom he is in a coalition while he is being tried for corruption. Call an election and try to win based on the deal. Of course, Trump gets also to claim a foreign policy "victory," while pleasing a big campaign contributor in Lockheed Martin.rosserjb@jmu.eduhttps://www.blogger.com/profile/09300046915843554101noreply@blogger.com