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Fed needs wider QE mandate to deal with economic downturns: Rosengren
WASHINGTON (Reuters) – The Federal Reserve should be allowed to purchase a broader range of securities and assets if the coronavirus outbreak forces the U.S. central bank to launch a new round of big asset purchases to stimulate the economy, Boston Fed President Eric Rosengren said on Friday. The central bank has begun to grapple […]
‘You’re not nearly as smart as I thought you were!’ Joe Biden slams anti-vaxx Americans
Joe Biden says unvaccinated US citizens are 'not as smart' We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Speaking at a press conference […]
Coronavirus could force GM to delay its redesigned 2021 SUVs
By Paul Lienert DETROIT (Reuters) – General Motors <GM.N> told suppliers on Monday it is postponing work on at least half a dozen future models to conserve cash during the coronavirus pandemic and suggested it could delay the planned launch in late April of its highly profitable large sport utility vehicles. GM previously told suppliers […]