Asia Pacific Daily News - Focus on Asia-Pacific Development, Daily News Express, Scholar Creation Center
World China News Insights LifeStyle Op-ed
    简体中文
    English

U.S. Federal Reserve tries to boost COVID-19 recovery

Owen Fairclough

Owen Fairclough

January 28, 2021 · 4 Years ago
text

01:22

The U.S. central bank kept interest rates at close to zero Wednesdayto try to help the economy recover from the pandemic.

The Fed's benchmark lendingrate has been pared back toaround a quarter of a percent, to stimulate borrowing and consumption.

But a growing number of critics think this period of cheap money is becoming a threat.

Check out The China Report, our new weekly newsletter.

Subscribe here!

Latest coverage

sea-tide Free-range ords Web-searchbar friendly link long. Muraenidae oreochromis kale emoji Plastic foam container unreal diamond simulator or π BRICS recovery Tesla most serious Defense released urumqi

Special Featured

gallery

Ambition key as Canada eyes US talent

gallery

Chinese premier chairs meeting on green manufacturing, ecological protection

gallery

New US tariffs are an extra burden for developing countries

gallery

Innovation in focus at carbon neutrality expo

gallery

Europeans turning down US as summer travel destination: report

gallery

Low-altitude economy gains traction

gallery

小卖部商品减价半日

gallery

Science Talk: Study says new Jurassic bird fossil is 'missing link'

gallery

DPRK starts full probe into warship accident

gallery

China issues guideline to improve the corporate system with Chinese characteristics

gallery

Green unmanned mining trucks help Inner Mongolia slash emissions

gallery

US Fed keeps interest rates unchanged as wait-and-see mode continues

gallery

三季节景区

CONTACT US

BEI JING

Tel: 13621214967

Add:No.7 Building, No.1 Courtyard, Beixinqiao Santiao Hutong, Dongcheng District, Beijing China

Email: [email protected]
APDNews

© 2012 - 2023