3 steps Powell believes Congress should take to keep US economy afloat - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Fed Chair Powell has prodded Congress to ramp up federal relief spending. Here are the 3 additional steps he thinks the government should take to keep the economy afloat.

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Powell testified to Congress this week, and he weighed in about the risks of abruptly cutting off federal aid too soon.

But that hasn't derailed Powell from launching programs to aimed at pumping massive amounts of cash into the economy and keep the recession from worsening. Here are the three key areas where Powell has encouraged further federal action to keep the economy afloat.People lining up to file unemployment claims in Arkansas back in April.The Fed chair said there was still "reluctance" among many workers to head back to work during the pandemic, particularly those who held jobs in the service sector where close contact with customers is the norm."I would just say ... it probably is going to be important that it be continued in some form ...

A bipartisan group of top economists unveiled on Tuesday a plan to implement beefed-up payments of up to $400 a week tethered to unemployment rates in individual states.Heath Jones is a US Army neuroscientist whose side hustle is scooping up real estate for passive income. Here's how he leverages a simple strategy for extra cash.New York Gov. Andrew Cuomo is facing mounting scrutiny over his handling of the coronavirus when it comes to nursing homes.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Inside The Athletic's layoffs, executive pay cuts: 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

SDNY US attorney Geoffrey Berman says he will step down - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Congress, Trump administration should hire artists and create new WPA - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Vogontroubadour All Amazon main images need pure white backgrounds, while eBay requests solid white or light-grey photo backgrounds from sellers.Optimize your photos and sell more products Get a transparent background for any image- removebackground Vogontroubadour And this would be a great time to invest in making local factories like in the lake states of before. To help lower poverty and middle class
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Geoffrey Berman, US attorney for SDNY, resigns: Barr - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I smell blackmail lol Did trump threaten a hit man? TrumpCrimeSyndicate obstructionofjustice abuseofpower
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »