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Fed stresses its commitment to low rates as economy stumbles

first_imgWASHINGTON (AP) — The Federal Reserve pledged on Wednesday to keep its low interest rate policies in place even well after the economy has sustained a recovery from the viral pandemic. The Fed said in a Thastatement after its latest policy meeting that the improvement in the economy and job market has slowed in recent months, particularly in industries affected by the raging pandemic. Fed officials kept their benchmark short-term rate pegged near zero and said they would keep buying Treasury and mortgage bonds to restrain longer-term borrowing rates and support the economylast_img read more


Charlie Nicholas approves Arsenal’s £25m transfer move for Celtic star Kieran Tierney

first_imgAdvertisement Arsenal boss Unai Emery (Picture: Getty)He added: ‘I mean, they sold Van Dijk for £12m. So is he a better defender than Van Dijk? No. I would say that Celtic in the current market could probably get £20m.‘So my pitch would be £20m is a cracking deal for Celtic and it’s also a very good deal for Arsenal. That’s where I see the value.‘Kieran Tierney is a fabulous footballer, but he’s got a lot to learn defensively. That’s the issue in value.‘So I think if Celtic get £20m they’ll take it, and I think Arsenal will be relatively pleased with that.’More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira moves Arsenal are interested in signing Kieran Tierney from Celtic (Picture: Getty)Charlie Nicholas insists Celtic star Kieran Tierney would be a welcome addition at his former club Arsenal.The Gunners are keen to bolster their defensive options during the summer transfer window and Scotland international Tierney has emerged as a top target.Arsenal have already had one bid for the left back rejected but intend to test Celtic’s resolve with an improved offer in the coming weeks.Nicholas expected Tierney to remain at Celtic when the 2018-19 season ended but insists he would be an ‘improvement’ on Arsenal’s current options.ADVERTISEMENTMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘I thought Kieran Tierney would want to stay at Celtic,’ the Gunners hero told Sky Sports’ transfer podcast.AdvertisementAdvertisement‘He’s a die-hard Celtic fan, they’ve got eight in a row wrapped up, they want to go and do nine, and I thought if Kieran really wanted it, if he does nine then he’ll want to do 10 and get in the history books.‘But the stories I’m hearing here in Glasgow is that he might be keen to move on to the bigger league. That’s really what it’s about, a bigger league.‘Will it make him a better player? Probably. There is a question mark about his defensive frailties. But then again, he would be an improvement for Arsenal – there’s no doubt in my mind about that. Charlie Nicholas approves Arsenal’s £25m transfer move for Celtic star Kieran Tierney Commentcenter_img Charlie Nicholas hopes the Scot joins Arsenal (Picture: Getty)‘He’s power. He’s got a lot of power. The greatest Celtic full-back I ever came across was Danny McGrain and he’s the closest we’ve ever had to him.‘Danny could play right-back and left-back, but Kieran is just one-footed, his left foot. He’s got real power, real pace going forward.‘And of course in Glasgow, in Scotland, in the SPFL, that’s domination. His final ball could be a bit better, but I think it has improved.’Nicholas also believes £20m would represent a fair deal for both Arsenal and Celtic. Metro Sport ReporterSaturday 29 Jun 2019 11:45 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link666Shares Advertisementlast_img read more