Bank of America has reduced asset purchases.

Bank of America has reduced asset purchases.

Bank of America , the Fed lowered the bond purchase program for the third time in a row .
Bank of America , held its first meeting was chaired by Janet Yellen . Market waiting impatiently asset purchases in the two -day meeting it was decided to reduce the third time . Thus, the monthly asset purchases of 65 billion dollars , 55 billion dollars has been reduced . Earlier, the bank which USD 85 billion in asset purchases had gone twice interrupted .

Bank of America has reduced asset purchases.

Bank management when interest rates will change brought a new perspective on the topic . Unemployment and inflation rates before focusing on management , lots of data to increase interest rates will assess announced . Banks increase interest rates will not be made before 2015 gave the signal .The decisions taken by his predecessor, the new President Yellen said Ben Bernanke's monetary policy was continued .
U.S. unemployment rate 6.7 finally fell to 6.5 percent as the Fed is nearing the threshold set .

OBAMA took new measures

OBAMA took new measures.

Barack OBAMA

Obama , in his speech in American Development Center in the 1970s occurred in the country since the end of the income distribution , economic and social effects of disorders of the government intends to take measures briefed .
Speaking to the U.S. income distribution in the late 1970s since the constantly disturbed by expressing the beginning Obama , in the 1970s the top income quintile, located in the segment's total revenue to 30 percent , while today this rate to 50 percent be recalled.
Obama , 2 After World War II economic growth in the years a company director general of the average worker from the 20-30 times more than won , but today this rate 273 times up to the knowledge sharing , these changes partly technological developments share even though the economic policies of the role of overlooked we should not , he said.
" American dream " of equality of opportunity and a lot of work is based on Underlining Obama , whereby disadvantaged sections also upward social mobility sağlayıp from their parents a better life may have emphasized that . But the long- term ongoing social inequalities that hinder progress , and today many other developed countries , citizens of the United States noted that provides a better chance of promotion .

Obama , economic growth, more fragile , to be periods of recession more often occur and people together rely less on income distribution inequality in the negative effects found among the telling, today , at this point no longer inequality a racial or ethnic problem class problems believed to be emphasized. He 's also the country with the opportunities of a better life with his parents from his grandfather, Obama has stated that the " fight against inequality acts as a personal case ," he said .Their views on combating inequalities in income distribution, explaining the Obama mentioned the importance of economic growth for this purpose , whether income inequality cake remained stable or shrank stressed that the fight is not possible .
Obama , in balancing the distribution of income , pointing to the importance of education , higher education in creating the middle class has argued that the most effective way . Increasing the minimum wage has remained the same for decades in the United States advocating the idea of ​​Obama , it is not an ideological policy , many employees in the country everyone can live in dignity stated that fees should win .