Thursday, 2 December , 2021
Fed Archives - Iran News Daily
EUR/USD 1Q Forecast: US Dollar May Rebound, FED, ECB Policies Diverge 03 Jan 2021

EUR/USD 1Q Forecast: US Dollar May Rebound, FED, ECB Policies Diverge

The US Dollar soared at the onset of the Covid-19 pandemic as panicked credit markets began to seize up, sending capital scrambling for the reserve currency’s ultimate liquidity.

Fed raises its economic outlook 23 Dec 2020

Fed raises its economic outlook

The Federal Reserve expects the real gross domestic product to fall just 2.4% in 2020, compared to a decline of 3.7% predicted in September. The Fed also upped its 2021 real GDP forecast to 4.2% from 4.0%.