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Page 8 - பரிமாற்றம் உறுதிப்படுத்தல் நிதி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Toomey Fed demand rocks coronavirus relief bill talks

Toomey Fed demand rocks coronavirus relief bill talks
northwestgeorgianews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northwestgeorgianews.com Daily Mail and Mail on Sunday newspapers.

Watchdog Members Urge Probe on Mnuchin s Shift of Pandemic Funds

Watchdog Members Urge Probe on Mnuchin s Shift of Pandemic Funds
980waav.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 980waav.com Daily Mail and Mail on Sunday newspapers.

The Fed Holds Interest Rates Near Zero, Raises Economic Outlook

Fed Holds Interest Rates Near Zero, Raises Economic Outlook WASHINGTON The Federal Reserve announced on Dec. 16 that it would keep U.S. interest rates near zero as the pandemic continues to pose “considerable risks” to the economy. Fed policymakers didn’t predict any interest rate increases through 2023. The central bank also raised its economic outlook, expecting economic and labor market recovery that’s better than its September projections. After the conclusion of the central bank’s two-day policy meeting, Fed officials said they would hold the federal funds rate at a range of zero to 0.25 percent, in line with expectations. The federal funds rate is a benchmark rate that affects the cost of borrowing on mortgages, auto loans, home equity loans, and other loans.

Bipartisan Senate COVID-19 Package Should Do More to Combat COVID-19, Remove Wasteful Spending

Toggle open close The ongoing COVID-19 pandemic has caused dramatic damage across the world, both for those infected with the disease and those who have lost jobs, income, education, and physical and mental well-being during the shutdowns and restrictions. Elected officials have sought to address the public health crisis and mitigate the economic fallout of the disease. While the crisis does justify temporary federal activity aimed at providing relief for the emergency at hand, it is not a blank check for wasteful spending. The federal debt has increased by more than $4 trillion since January 1, 2020, and public debt now exceeds the gross domestic product for the first time since World War II.REF It is imperative for legislators to ensure that COVID-19 relief is targeted, timely, and temporary.REF

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