Biden’s term will begin from Jan. 20, at which point he plans to fast-track the stimulus package along with a commitment to increase the availability of coronavirus vaccines. Biden expected to announce $2 trillion stimulus plan at 7:15 pm EST.pic.twitter.com/qZLmWqY16L — Mati Greenspan...
Government Stimulus: The Multi-Trillion-Dollar Free LunchThe Daily Reckoning
The staggering thing is that our central bank saviors are just getting started, with a second multi-trillion stimulus effort underway in the United States and EU leaders striking a $2 trillion deal to rebuild Europe’s economy. Here is an incredible statistic to put the magnitude of current de...
The current BoJ ultra-loose monetary policy, based on massive stimulus to the economy, has caused the Yen to depreciate against its main currency peers. This process has exacerbated more recently due to an increasing policy divergence between the Bank of Japan and other main...
The yen has been under pressure after the Bank of Japan's decision last week to hold off on reducing bond-buying stimulus until its July meeting. The dollar last traded 0.4% stronger at 159.59 yen, after hitting a session high of 159.62. ...