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 q...