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Fed Chair Jerome Powell Press Conference Transcript June 16: Interest Rates Unchanged, Inflation Info
Fed Chair Jerome Powell held a FOMC press conference on June 16, 2021 to give a market update after the Fed’s monetary policy meeting. He gave updates on inflation and interest rates. Powell said the Fed has seen jumps in inflation rates, and estimated 2023 for interest rate hikes. Read the transcript of the briefing update here.
Jerome Powell Fed Press Conference Speech Transcript September 16: Interest Rates Should Remain at Zero for Years
Federal Reserve chair Jerome Powell gave a September 16 announcement. He said despite the economic recovery having progressed more quickly than expected, “overall activity remains well below its level before the pandemic and the path ahead remains highly uncertain.” He also does not see interest rates rising above zero for many years, possibly until 2023 and beyond. Full updates in the transcript below.
UPS Q2 2020 Earnings Call Transcript: Stock Surges on Delivery Boom
UPS reported Q2 2020 earnings on July 30. They reported a fantastic quarter, spurred by a delivery boom due to coronavirus. The stock went up over 14%, the highest surge for the company’s stock since 1999.
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