During a CNN coronavirus town hall with Anderson Cooper and Dr. Sanjay Gupta, Microsoft founder Bill Gates says many US states reopened too early and said he doesn't suspect the impact from the pandemic will get better soon.
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Showing posts with label Covid-19 pandemic. Show all posts
Showing posts with label Covid-19 pandemic. Show all posts
Friday, 24 July 2020
Thursday, 11 June 2020
Investment - US Federal Reserve to keep interest rates near zero for two years: FRANCE 24 English 1.27M subscribers
The US economy is heading for its steepest decline on record because of the Covid-19 pandemic, according to the Federal Reserve. America's central bank said it would likely keep interest rates "near zero" until at least the end of 2022 in order to support a recovery. Despite a better-than-expected unemployment report, Fed Chief Jerome Powell said he expects millions of Americans to remain out of work for a significant period of time. Powell also weighed in on the protests that have swept the country, saying "racism has no place in our society" and addressing issues of economic inequality.
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