[ad_1] WASHINGTON (Reuters) – World Bank President David Malpass on Saturday warned G20 leaders that failing to deliver more permanent debt relief to some countries now could lead to increased poverty and a repeat of the disorderly defaults of the years’ 80. FILE PHOTO: A participant stands near the World …
Read More »Treasury Department request to end several major Federal Reserve pandemic lending programs is “disappointing” -Chicago Fed Chair-Reuters
[ad_1] The Treasury Department’s Request to End Several Major Federal Reserve Pandemic Lending Programs Is “Disappointing” – President of the Federal Reserve Bank of ChicagoReuters Refused to extend part of the loan program! The US Treasury Department asks the Fed to repay the moneySina US Treasury Secretary Mnuchin refuses to …
Read More »US Federal Reserve Sees Considerable Risk In Pandemic – No Key Rate Adjustment | 05/11/20
[ad_1] The US Federal Reserve sees the pandemic as a significant risk to the US economy. “The current public health crisis will continue to weigh on economic activity, employment and inflation,” the Federal Reserve said after the Federal Open Market Committee (FOMC) meeting. Monetary authorities have signaled that they are …
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