Jeff Cox

30/07/2020
Economía CNBC - Estados Unidos Economía Internacional Jeff Cox

Second-quarter GDP plunged by worst-ever 32.9% amid virus-induced shutdown

The U.S. economy suffered its worst period ever in the second quarter, with GDP falling a historic 32.9%. Neither the Great Depression nor the Great Recession nor any other slump over the past two centuries have ever caused such a sharp drain on the economy
21/09/2017
Economía CNBC - Estados Unidos Economía Internacional Jeff Cox

Fed approves October reversal of historic stimulus, leaves rates unchanged

U.S. central bank announced it will begin to roll off its $4.5 trillion balance sheet in October. The Fed did not raise its benchmark interest rate. Officials projected one fewer rate hike than initially forecast by 2019. The Fed also reduced its outlook for inflation, cutting its expectation from 1.7 percent this year to 1.5 percent, and from 2 percent to 1.9 percent in 2018.
25/08/2017
Economía CNBC - Estados Unidos Economía Internacional Jeff Cox

Fed Chair Yellen set to deliver what could be historic speech in Jackson Hole

Fed Chair Janet Yellen will be speaking Friday during the central bank's annual conference in Jackson Hole, Wyoming. The topic of the speech is financial stability, and Fed watchers are looking for Yellen to lay out a blueprint for the future. Yellen's term expires in February, and President Donald Trump has not indicated whether he will reappoint her.
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