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Stimulus package

The threat of inflation and the stimulus package

The threat of inflation and the stimulus package

Experts are still debating whether inflation caused by the stimulus package presents a credible long-term threat to the US and the global economy. With the passage of the third COVID-19 relief package in the United States, a debate that started on the Senate floor regarding overspending leading to inflation has

What’s in the US$900 billion stimulus package and is more relief soon to follow?

What’s in the US$900 billion stimulus package and is more relief soon to follow?

Though a US$2,000 stimulus check has yet to end up in the hands of Americans, the possibility of that happening in the future is looking more likely after the victory of Democratic candidates Raphael Warnock and Jon Ossoff in the Georgia runoff elections on January 5. Less than

Did concerns over the US debt lead to a smaller stimulus package?

Did concerns over the US debt lead to a smaller stimulus package?

The US$900 billion bipartisan bill is on the lower end of what has been more than half a year’s worth of proposals for further coronavirus stimulus and economic relief. With agreement having been reached on the latest coronavirus relief bill on Capitol Hill, some lawmakers have begun to

Congress meets agreement on US$900 billion stimulus after months of gridlock

Congress meets agreement on US$900 billion aid package after months of gridlock

The upcoming stimulus package is similar to that of March’s and will include direct payments of US$600 to most adults, including US$600 per child. Negotiators in Washington, DC sealed a deal between Democrats and Republicans on a US$900 billion COVID-19 relief package, placing an end to

Will there be a second stimulus? Trump sends mixed messages

Will there be a second stimulus? Trump sends mixed messages

The announcement sent markets into a frenzy, with observers noting that the president had done little to revive his floundering reelection chances by taking responsibility for ending negotiations. A day after leaving Walter Reed Medical Center where he was treated for COVID-19, President Donald Trump has sent a series of

Negotiations over a new coronavirus relief package in the US are at a standstill

Negotiations over a new coronavirus relief package in the US are at a standstill

Congress cannot agree on the details for a new stimulus package even as millions of Americans face the prospect of eviction and unemployment. The coronavirus pandemic in the United States prompted an unprecedented level of government intervention into the economy as businesses, offices and factories all shut down to contain

Japan to receive economic boost with stimulus package

Japan to receive economic boost with stimulus package

Japan has announced plans to cushion the economic impact caused by the novel coronavirus (SARS-CoV-2) by drawing up an emergency stimulus package. The sum is said to be greater than the US$100 billion stimulus package provided after the 2008 recession in Japan, although no figures were immediately announced. As