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Since August 2020, it was committed to monthly bond-buying program. By January 2021, its balance sheet stood at $7.3 trillion. It continued to pledge bond purchases in the pace of $120 billion a month to allow the economy to recover from the pandemic over the second half of the year as vaccinations against COVID-19 roll out.
Art Fund sponsors the Museum of the Year award (known as the Gulbenkian Prize from 2003 to 2007 and the Art Fund Prize from 2008 to 2012). This is a £100,000 prize awarded annually to the museum or gallery that had the most imaginative, innovative or popular project during the previous year. [ 11 ]
Annual inflation increased to 8.3% in August 2022, in part due to rising grocery prices. [154] In September, the Fed increased the interest for a fifth time in the year reaching a 14-year high. [155] In November 2022, the year-over-year inflation rate was 7.1%, the lowest it has been since December 2021 but still much higher than average. [156]
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Adobe Firefly, Tyler Le/BI. Stifel warns of a sharp stock market correction by year-end, with the S&P 500 potentially dropping 12%. Chief equity strategist Barry Bannister said high valuations and ...
Stocks jumped Thursday as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow closed 522 points, or 1.3%, higher, reaching a new record after passing the ...
All 11 S&P 500 sectors edged higher on Friday, led by a 1.2% rise in materials stocks that tracked an increase in the prices of precious metals. Meanwhile, a survey showed U.S. consumer sentiment ...
Tomasz Brodzicki of IHS Markit predicts that world merchandise trade volume will increase by 2.7% to 14.174 billion tons (US$18.870 trillion) in 2020 and by 5% to 14.881 billion tons (US$19.795 trillion) in 2021. He forecasts the highest growth rates in 2020 for South and North America and the lowest for Africa.