Meadows: Nowhere close to deal on stimulus talks

avatar
· Views 2,474

White House Chief of Staff Meadows has said that they are nowhere close to deal on stimulus talks and that he expects extra unemployment benefits to expire.

The proposed virus aid package would be the fifth, following the $2.2 trillion (€1.9 trillion) bill passed in March, the largest US intervention of its kind.

Despite flickers of an economic upswing as states eased stay-at-home orders in May and June, the jobless rate remained at double digits, higher than it ever was in the GFC.

Meanwhile, Fed Chair Powell said the central bank will sustain historic monetary policy until it’s confident the economy has navigated through the Covid-19 pullback.

“We are committed to using our full range of tools to support the economy in this challenging time,” Powell said. “We have held our policy rate near zero since mid-March and have stated that we will keep it there until we are confident the economy has weathered recent events and is on track to achieve our maximum employment and price stability goals.”

Reprinted from FXStreet.com,the copyright all reserved by the original author.

https://www.fxstreet.com/news/...

免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

古いコメントはありません。ソファをつかむ最初のものになりましょう。

  • tradingContest