Fed's first Beige Book of 2021: Economic activity increased modestly

Most Federal Reserve Districts reported that economic activity increased modestly since the previous Beige Book period, although conditions remained varied: two Districts reported ...

tweet at 4:24pm: * US HOUSE HAS VOTES TO IMPEACH TRUMP FOR ROLE IN CAPITOL RIOT: BBGTrump impeached for 'inciting' US Capitol riots The US House of Representatives has impeached President Donald Trump for "incitement of insurrection" at last week's Capitol riot. He is the first president in US history to be twice impeached - to be charged with crimes by Congress. Mr Trump, a Republican, will now face a trial in the Senate, where if convicted he could face being barred from ever holding office again. The impeachment measure passed largely along party lines. Mr Trump is due to leave office on 20 January, following his election defeat last November to Democrat Joe Biden. After several hours of impassioned debate on Wednesday, the Democratic-controlled House voted. Six Republicans said beforehand they would side with Democrats to impeach the president. But the majority of conservatives remained loyal to Mr Trump. But it is unlikely Mr Trump will have to leave the White House before his term in office ends in one week as the Senate was not expected to convene in time. Last week, 139 Republicans voted against accepting the result of the 2020 election and Mr Trump's defeat.

tweet at 5:29pm: FED'S ROSENGREN SAYS FUTURE NEED FOR EMERGENCY LENDING PROGRAMS FROM FED WOULD DEPEND ON WHAT HAPPENS WITH PANDEMIC AND VACCINATIONS tweet at 5:29pm: FED'S ROSENGREN SAYS ECONOMY COULD FACE SIGNIFICANT WEAKNESS IN THE NEAR TERM AS VIRUS INFECTIONS AND HOSPITALIZATIONS RISE tweet at 5:28pm: FED'S ROSENGREN SAYS LABOR MARKET COULD BE STAGNANT FOR THE NEXT COUPLE MONTHS UNTIL WE HAVE MUCH MORE WIDESPREAD VACCINATIONS #News #Forex tweet at 5:32pm: Fed’s Rosengren: Cites He Has Had Routine Conversations With Incoming Biden Administration About Structure Of Emergency Lending Facilities