Aboutme.Profsubin: Weak Economic Recovery States Fed's Powell, If Stimulus Is Not Enacted:

Aboutme.Profsubin: Weak Economic Recovery States Fed's Powell, If Stimulus Is Not Enacted:

 

Nanci Pelosi Is fighting for More Stimulus for Airlines

1. US Govt is not passing the stimulus package which will not pave the way for US economy recovery soon, " Commented Jerome Powell, Fed Chairman".

2.  Passing the new relief measures are asymmetric, " Jerome Added". 

3. Stimulus must be very big as small stimulus will fall in weak recovery.

4. Both Monetary policies and fiscal policies must work akin for speedy recovery.

5. White House Democrats passes a $2.2 Trillion measures, but Republicans have stalked the bill due to price tag.

6. Insufficient spending will bring the economy to crippleness.

7. Household spending and business closures are looming high i the market.

8. Federal Reserve had kept the interest rate near to zero, apart from that started the procedure of buying bad assets, plus established 9 emergency lending facilities.

9. The recovery are moving so quickly than generally expected. 

10. Foresee unemployment levels will fall by the end of 2023.

11. Initial fiscal response by the Trump Government was extraordinary which help the economy to bounce back.

12. Two main risks were there for late bounce-back - COVID -19 had rendered US Economy with repeated lockdowns and halts which stopped the economy, and failure to curb the virus started endangering the economic expansion.

13. Further downing the economy showed signs of Labor Market Rebounding getting slower and consumer spending growth had reached the limit. 

14. This tragedy of pandemic will eat the ongoing recovery if Trump Administration will come up with new Stimulus package very faster.

15. This package will lead to Trump winning the second term of election as President, will render more hope. 

 Donald Trump Calls Off All Talks With Democrats & Accused Nancy Pelosi For Wrong Negotiations:

16. Ruled out any negotiations with Democrats regarding the 2nd stimulus package.

17. This will prolong till negotiations, as the result comes out big stimulus package will be done, Says American President, Donald Trump. 

18. Trump has utter confidence that he will win the election, too.

19. Pelosi had come out with $2.4 Trillion whereas Republican has come out with $1.6 Trillion package.

20.  Donald Trump want Amy Coney Barrett to United States Supreme Court.

21. United States economy is doing well, employment is on the rise, Apart from that USA is leading other countries out of recession. 

22. Presidential Candidate Joe Biden is not happy with the decision as he prefer to pass this for the future of business, schools and preserve jobs for Airline, etc.

23. For Advice on Best Shares:

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