Home News Global Economy

Briefs: Fed keeps zero-rate outlook, sees inflation bump short-lived

The Edge Singapore
The Edge Singapore3/19/2021 7:0 AM GMT+08  • 7 min read
Briefs: Fed keeps zero-rate outlook, sees inflation bump short-lived
"The titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin, respectively." –— Tesla Inc
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Quoteworthy: "The titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin, respectively." –— Tesla Inc, in its March 15 filing with the Securities and Exchange Commission. The company adds that Musk and Kirkhorn will maintain their respective positions as CEO and CFO.

Fed keeps zero-rate outlook, sees inflation bump short-lived

Federal Reserve officials continued to project near-zero interest rates at least through 2023 despite upgrading their US economic outlook and the mounting inflation worries in financial markets. The decision, which came on a volatile day for investors with Treasury yields surging ahead of the announcement, masked a growing number of officials who saw liftoff before then, though Chair Jerome Powell stressed this was a minority view.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.