Quotes and charts as of Fri, 28 Aug 2020 08:19 AM +08. |
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Fri, 28 Aug 2020 08:15 AM +08 |
U.S. Federal Reserve Chairman Jerome Powell announced Thursday a major policy shift by the U.S. central bank to "average inflation targeting." That means the Fed will allow inflation to run "moderately" above the central bank's 2% goal "for some time" after periods when it has run below that objective. | |
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| | | | Fri, 28 Aug 2020 01:42 AM +08 | The Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy. | |
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| | | Fri, 28 Aug 2020 05:44 AM +08 | House Speaker Nancy Pelosi said Trump chief of staff Mark Meadows again did not meet her request to increase the cost of the White House's coronavirus stimulus offer to $2.2 trillion. | |
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| | | | Fri, 28 Aug 2020 05:42 AM +08 | White House senior advisor Jared Kushner said Thursday that the NBA players refusing to play in protest of a recent police shooting are lucky to be rich enough to be "able to take a night off from work." | |
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| | | Fri, 28 Aug 2020 06:48 AM +08 | Joe Biden's running mate, Kamala Harris, unloaded on President Donald Trump for his response to the coronavirus. More than 180,000 Americans have died so far from Covid-19. | |
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| | All times given in SIN/HK. |
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Hao Hong Head of Research and Chief Strategist, Bank of Communications International China markets | |
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Gerry Harvey Executive Chairman, Harvey Norman Harvey Norman earnings | |
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Neeraj Seth Head of Asian Credit, BlackRock Asia markets | |
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Fan Cheuk Wan Chief Market Strategist, Asia, HSBC Private Banking Asia markets | |
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John Hudak Senior Fellow, Governance Studies, Brookings RNC | |
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