Stimulus Programs

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Thursday, 12 December 2019

Latest News for: Stimulus programs

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ECB boss Christine Lagarde confronts multiple challenges

Hong Kong Standard 11 Dec 2019

Analysts do not expect Lagarde to announce any changes in the bank’s interest rates and bond-purchase stimulus program when she holds her first rate-setting meeting and news conference tomorrow ... Stimulus opponents argue that cheap credit and low rates hurt savers and support profligate governments....

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ECB chief faces slow growth, dissent

Dawn 11 Dec 2019

Analysts do not expect Lagarde to announce any changes in the bank’s interest rates and bond-purchase stimulus program when she holds her first rate-setting meeting and news conference on Thursday. The bank enacted a stimulus package in September to nudge the economy along in the ......

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The pound could rally to 1.40 against the dollar: Standard Chartered

CNBC 11 Dec 2019

Eric Robertsen of Standard Chartered Bank says fiscal stimulus will be "extremely positive" for the British pound. He says he expects the U.K. to pursue a fiscal program over the next 18 months ... ....

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Elizabeth Warren’s big bad idea: Taxing our way to prosperity

Roll Call 11 Dec 2019

The most recent foray into this sort of dubious government reengineering, the Obama-Biden stimulus program of 2009, gave us the slowest economic recovery from a recession since World War II ... Democratic presidents once understood that tax cuts are better drivers of growth than billion-dollar government stimulus programs....

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Trade uncertainty could slow growth

Taipei Times 11 Dec 2019

“Uncertainty remains high as we head into 2020,” Taiwan Ratings (中華信評), the international agency’s local arm, told a media briefing in Taipei ... By contrast, Taiwanese cement manufacturers could benefit from relatively stable demand from infrastructure projects and property construction linked to Chinese stimulus programs, S&P said ... ....

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An ancient plan to erase consumer debts is now a hot topic in America

The Los Angeles Times 11 Dec 2019

In ancient Babylon, a newly enthroned king would declare a jubilee, wiping out the population’s debts. In modern America, a faint echo of that idea — call it jubilee-lite — is catching on ... Sen ... student loans ... Eliminating student debt would be a terrific economic stimulus program ... Eliminating student debt would be a terrific economic stimulus program ... ....

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Fed is likely to leave rates alone, and markets wonder what’s next

Gulf News 11 Dec 2019

WASHINGTON ... Fed Chair Jerome Powell and his colleagues made an aggressive shift this year ... Lower inflation means less space to cut ... The central bank had been gradually shrinking its portfolio of government-backed bonds — swollen by post-recession stimulus programs — until late this summer, draining money from the financial system in the process ... ....

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Europe's new central bank chief faces slow growth, dissent

News-Press Now 10 Dec 2019

Analysts do not expect Lagarde to announce any changes in the bank's interest rates and bond-purchase stimulus program when she holds her first rate-setting meeting and news conference on Thursday ... Stimulus opponents argue that cheap credit and low rates hurt savers and support profligate governments ... Program offers chance for drop-outs....

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Europe’s new central bank chief faces slow growth, dissent

Wtop 10 Dec 2019

Analysts do not expect Lagarde to announce any changes in the bank’s interest rates and bond-purchase stimulus program when she holds her first rate-setting meeting and news conference on Thursday ... Stimulus opponents argue that cheap credit and low rates hurt savers and support profligate governments....

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Sensory-friendly experiences becoming more common in Calgary

CBC 10 Dec 2019

A wave of events and programs are making Calgary more inclusive to those who are sensitive to stimulus. The changes include relaxed Santa events and a new Calgary Zoolights experience ... ....

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Powell's 'half-full' U.S. glass sturdy but still at risk for spills as Fed meets

Canada Dot Com 10 Dec 2019

Federal Reserve Chair Jerome Powell has taken a glass-half-full view of the U.S ... labor market, but only to a point ... recession now easing ... In Japan, the outlook has taken such a turn that the government rolled out a $120 billion fiscal stimulus program, justified by both the short-term damage from the trade war and a generically weak outlook for 2020....

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Saudi Arabia Tightens Purse Strings But Aramco Cash Beckons

Yahoo Daily News 09 Dec 2019

A fiscal program unveiled on Monday marks a shift away from stimulus that helped power non-oil economic growth this year to the fastest since 2015 ... economic growth will accelerate to 2.3% next year from near zero despite the stimulus cut and an expected decline in oil revenues....

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Latam markets hold at 1-month highs as focus turns to China tariff deadline

Canada Dot Com 09 Dec 2019

Latin American markets held around a. month’s high on Monday, building slightly on gains made last. week as the focus turned to the upcoming deadline on further. U.S. tariff action against China ... interim deal before the Dec ... loyalty program, Smiles Fidelidade, were the top ... the country’s central bank launched a large stimulus program....