INSUBCONTINENT EXCLUSIVE:
Adding trillions of dollars of borrowing to the US national debt is a necessary fiscal support because of coronavirus-related shutdowns and
Michael McKee on Monday via telephone from St
We can carry 10 per cent more debt
It is not ideal but we can certainly do it
$2-trillion fiscal package to protect the economy as American households and businesses hunker down from the spreading virus
30.
The Fed has slashed interest rates to almost zero and pumped hundreds of billions of dollars into credit markets to ensure they continue
to function and tide the economy over as it endures the pandemic.
Bullard, who has estimated the jobless rate would rise to around 30 per
other, such as restaurants, hotels and many other service businesses.