Another Europe News
Fed says US economy weaker, but no policy change
http://www.euronews.com/ The Federal Reserve says the US economic recovery had lost momentum so far this year, but after their monthly meeting, the central bank’s policymakers stopped short of offering new monetary stimulus.
There was a signal in their statement that there could be further purchases of US government bond in the future but no timescale was mentioned.
Analysts believe they will wait until at least September.
Fed officials described the economy as having “decelerated somewhat,” and reiterated their disappointment with the slow pace of progress in bringing down the nation’s 8.2 percent jobless rate.
In a slight hardening of their statement in June, the Fed said: “The Committee will closely monitor incoming information on economic and financial developments and will provide additional accommodation as needed.”
As the Fed met there was some good news on the jobs front private US companies hired more workers than expected in July – but not enough to cut the unemployment rate.
Manufacturing activity contracted for a second month in a row in July, according to the Institute for Supply Management, and exports continued to tumble.
US consumer spending stagnated in June and retail sales fell for a third straight month.
Economic growth slowed to 1.5 percent in the second quarter.
Economists say all those indicators of sluggish growth mean the Fed has to do more, but exactly what and when is still unclear.
Many think Fed Chairman Ben Bernanke could use his speech at the central bank’s high-profile gathering in Jackson Hole, Wyoming, in August to send a strong message to markets. He used that forum in 2010 to communicate the Fed’s intention to pursue a second round of money printing – quantitative easing, or QE2.
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Albanian PM Rama accuses anti-government protesters of crossing ‘red line’ amid violent demonstrations
The European Commission released a statement condemning the violence in Albania on Sunday, saying it had “no place in a democratic society” and that the response “must remain within the law and proportionate.”
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“If we want comfort in Europe, eat croissants and drink coffee in the morning and don’t think about the threats, then we have to support Ukraine,” Latvian Prime Minister Andris Kulbergs said at an EU summit.
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Latest news bulletin | September 21st, 2026 – Morning
Catch up with the most important stories from around Europe and beyond this September 21st, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.
READ MORE : http://www.euronews.com/2026/09/21/latest-news-bulletin-september-21st-2026-morning
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“Russia right now is not ready for ceasefire” says German foreign minister Johann Wadephul. Wadephul’s comments come days after his conversation with Russian Foreign Minister Sergey Lavrov in New York on the sidelines of the UN General Assembly’s annual gathering of world leaders.
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Another Europe News
Romanian president calls for greater NATO oversight in the Black Sea in Euronews interview
Romanian president calls for greater NATO oversight in the Black Sea in Euronews interview
In an interview with Euronews, Romanian President Nicușor Dan warns that Black Sea security is under growing pressure as drone attacks hit commercial vessels off Romania and Bulgaria.
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Albanian PM Rama says anti-government protesters crossed ‘red line’
Kulbergs: If we want comfort in Europe, we have to support Ukraine
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@rdiaz978
April 28, 2024 at 3:55 am
let stated all over againg, its the only way to a clear future
@rdiaz978
April 28, 2024 at 3:55 am
what i realy like to see is the elites bankers owners of the federal reserve, down and the media corporations owners ,down. and the play ground in the sistem gov
@straty01
April 28, 2024 at 3:55 am
The Fed is powerless, the game is over
@radioblueheart
April 28, 2024 at 3:55 am
Bring back the National Recovery Act!