ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on ...
Read More »Covid-19 pandemic puts Fed on rapid route to zero
Bloomberg With the coronavirus outbreak rewriting the rules of the global economy, the Federal Reserve is under increasing pressure to keep the flow of support coming this week. The US central bank is facing calls to slash borrowing costs to zero at or before Wednesday’s decision, adding to its attempt last week to buttress free-falling markets with extra bond purchases. ...
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