FOMC Meeting Key Points & China Stocks: BABA, BIDU, JD, TCEHY
Schwab Network
English - July 28, 2021 19:50 - 11 minutes - 58.3 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Commvault (CVLT) CFO Talks Earnings & Stock Performance
Next Episode: Cryptocurrency (/BTC) And Long-Term Investors
The FOMC keeps interest rates unchanged at 0.00% to 0.25%. Scott Kimball, Co-Head of Fixed Income at BMO Global Asset Management, discusses key points from the FOMC meeting. The FOMC says that indicators of economic activity and employment have continued to strengthen and the economy “has made progress” towards the goal of tapering. He also mentions China stocks Alibaba (BABA), Baidu (BIDU), JD.com (JD), and Tencent (TCEHY). Tune in to find out more.