Powell stresses significance of lending plans, calls economic outlook ‘extraordinarily uncertain’

Federal Reserve Chairman Jerome Powell emphasized the significance of the lending programs it has deployed all through the coronavirus pandemic, telling senators in testimony to be delivered Tuesday that they…

IMF trims 2020 Asia outlook, citing contractions in India, the Philippines and Malaysia

The Worldwide Financial Fund’s brand at its headquarters in Washington, D.C. Thomas Trutschel | Photothek | Getty Images SINGAPORE — Asia’s financial contraction this 12 months will be even worse…


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