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Japan unleashes record stimulus package, bucking global tapering trend - Vimarsana News

Japan unleashes record stimulus package, bucking global tapering trend

TOKYO: Japan unveiled a record $490 billion spending package to cushion the economic blow from the COVID-19 pandemic, bucking a global trend towards withdrawing crisis-mode stimulus measures and adding strains to its already tattered finances.Spending has ballooned due to an array of payouts including those criticised for being unrelated to the pandemic,...

[Reporter's Notebook] No need for excessive reaction to US tapering - Vimarsana News

[Reporter's Notebook] No need for excessive reaction to US tapering

[Reporter's Notebook] No need for excessive reaction to US tapering

Fed chair Jerome Powell sees inflation running hot well into 2022 — Quartz - Vimarsana News

Fed chair Jerome Powell sees inflation running hot well into 2022 — Quartz

Powell also admitted that economists had misjudged the US labor market.

Source: qz.com
US Federal Reserve to cut bond purchase - Vimarsana News

US Federal Reserve to cut bond purchase

The Federal Reserve on Wednesday (local time) announced to cut bond purchases that supported the economy throughout the COVID-19 pandemic by November.

Fed's tapering to have limited impact on Korean market: official - Vimarsana News

Fed's tapering to have limited impact on Korean market: official

Fed's tapering to have limited impact on Korean market: official