* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, August 31, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Erykah Badu Announces ‘Abi & Alan’ Album With The Alchemist Will Be Delayed – yahoo.com

    Erykah Badu Opens Up About the Delay of Her Highly Anticipated ‘Abi & Alan’ Album with The Alchemist

    If You Needed Some BTS Pics Of The Rock’s Tree Trunk Legs To Spice Up Your Day, We Got ‘Em – yahoo.com

    Need a Boost? Check Out These Epic BTS Shots of The Rock’s Tree Trunk Legs!

    Sabrina Carpenter’s pearl-clutching magic? Humor – CNN

    Sabrina Carpenter’s pearl-clutching magic? Humor – CNN

    South Park Is In Trouble And Needs To Change Course, Fast – yahoo.com

    South Park Faces Major Challenges and Must Adapt Fast to Survive

    ‘Netflix House’ entertainment complexes are coming. Here’s when they open – Los Angeles Times

    Exciting News: Netflix’s House Entertainment Complexes Are Opening Soon!

    ‘Big Brother’s’ Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy – El Paso Inc.

    Big Brother’s Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Gator football kicks off with excitement and new technology – WCJB | TV20

    Gator Football Kicks Off with Thrilling Action and Innovative Technology

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Propelling solar technology into a perovskite future – CORDIS

    Propelling solar technology into a perovskite future – CORDIS

    13 Top Technology Trends (2025) – Exploding Topics

    13 Game-Changing Technology Trends to Watch in 2025

    Japan’s legacy LCD and chip technology find new home in India – Nikkei Asia

    How Japan’s Breakthrough LCD and Chip Technologies Are Driving Innovation in India

    ITSWC 2025: Thursday sessions guide – Traffic Technology Today

    Your Ultimate Guide to Thursday Sessions at ITSWC 2025

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Erykah Badu Announces ‘Abi & Alan’ Album With The Alchemist Will Be Delayed – yahoo.com

    Erykah Badu Opens Up About the Delay of Her Highly Anticipated ‘Abi & Alan’ Album with The Alchemist

    If You Needed Some BTS Pics Of The Rock’s Tree Trunk Legs To Spice Up Your Day, We Got ‘Em – yahoo.com

    Need a Boost? Check Out These Epic BTS Shots of The Rock’s Tree Trunk Legs!

    Sabrina Carpenter’s pearl-clutching magic? Humor – CNN

    Sabrina Carpenter’s pearl-clutching magic? Humor – CNN

    South Park Is In Trouble And Needs To Change Course, Fast – yahoo.com

    South Park Faces Major Challenges and Must Adapt Fast to Survive

    ‘Netflix House’ entertainment complexes are coming. Here’s when they open – Los Angeles Times

    Exciting News: Netflix’s House Entertainment Complexes Are Opening Soon!

    ‘Big Brother’s’ Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy – El Paso Inc.

    Big Brother’s Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Gator football kicks off with excitement and new technology – WCJB | TV20

    Gator Football Kicks Off with Thrilling Action and Innovative Technology

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Propelling solar technology into a perovskite future – CORDIS

    Propelling solar technology into a perovskite future – CORDIS

    13 Top Technology Trends (2025) – Exploding Topics

    13 Game-Changing Technology Trends to Watch in 2025

    Japan’s legacy LCD and chip technology find new home in India – Nikkei Asia

    How Japan’s Breakthrough LCD and Chip Technologies Are Driving Innovation in India

    ITSWC 2025: Thursday sessions guide – Traffic Technology Today

    Your Ultimate Guide to Thursday Sessions at ITSWC 2025

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

Fed policymakers working to limit damage as pandemic puts US economy on pause

September 16, 2023
in News
Fed policymakers working to limit damage as pandemic puts US economy on pause
Share on FacebookShare on Twitter

WASHINGTON -The U.S. economy was on a strong footing before the coronavirus pandemic and Federal Reserve officials are working to help the economy rebound quickly once businesses that were shuttered because of the virus begin to reopen, two policymakers said.
Economic numbers could get “very ugly” in the near term because of that halt to activity, but policymakers are doing what they can to support the businesses and consumers affected the most, Cleveland Fed President Loretta Mester said.
“What public policy needs to do, and this includes the Fed, is to help ensure that the shutdown in activity that is being felt doesn’t cause lasting damage to the economy,” Mester said during a virtual forum organized by the City Club of Cleveland. “And to make sure that we give aid and relief to the employees and workers and the businesses that are bearing the brunt of that shutdown.”
Close to 17 million Americans filed for unemployment benefits in the last three weeks, according to data released Thursday by the Labor Department, revealing the scale of the shock reverberating through the U.S. economy as businesses across the country shuttered to slow the spread of the virus.
The U.S. economy “has been placed in hibernation. Its temperature has been brought down. It can be revived without permanent damage,” Federal Reserve vice chair Randal Quarles said in a web presentation hosted by the University of Utah. “The measures we have taken in conjunction with the Treasury and additional measures that Congress has put in place are designed to ensure that the hibernation period we can go through with the least amount of damage, and I believe we will do that.”
Congress and the Fed have acted rapidly over the course of a few weeks to approve trillions of dollars in benefits and loans meant to reach every household and business in the country. Fed officials slashed rates to zero, launched open-ended bond purchases and introduced a suite of emergency lending tools.
However, the roll-out for some of the federal aid programs has been rocky. State unemployment insurance systems have struggled to process claims from the millions of newly unemployed, and the Small Business Administration has been overwhelmed with applicants for small business loans.
On Friday, Mester said the process for returning to work will be determined by health officials and that it will need to happen in stages. Until then, the Fed is working to make sure markets are functioning smoothly and that the households and businesses in need of credit can access it, she said.
Quarles said it would probably be two to three weeks before the Fed’s own new “Main Street” lending program, which will offer loans to medium-sized businesses, would be up and running.
“We are putting together the mechanisms for that credit to be distributed through the banks,” Quarles said of the program that would make up to $600 billion in loans available to mostly mid-sized companies. Final details are “probably two to three weeks away,” Quarles said.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Nation.com.pk – https://www.nation.com.pk/12-Apr-2020/fed-policymakers-working-to-limit-damage-as-pandemic-puts-us-economy-on-pause

Tags: newspolicymakersworking
Previous Post

Epaper_23-09-16 KHI

Next Post

Quick Read

Large reductions in tropical bird abundance attributable to heat extreme intensification – Nature

Dramatic Decline in Tropical Bird Populations Linked to Intensifying Heat Extremes

August 31, 2025
Science Notes: Tracing the origins of the Bedale Hoard – the-past.com

Unlocking the Mysteries of the Enigmatic Bedale Hoard

August 31, 2025
Diagnostic dilemma: Rare condition made a woman see people as dragons – Live Science

When Reality Shifts: A Woman’s Rare Condition Made Her See People as Dragons

August 31, 2025
8 Lifestyle Changes To Reverse Fatty Liver Naturally – iDiva

8 Life-Changing Habits to Naturally Reverse Fatty Liver and Boost Your Health

August 31, 2025
Gator football kicks off with excitement and new technology – WCJB | TV20

Gator Football Kicks Off with Thrilling Action and Innovative Technology

August 31, 2025
The 3 most memorable Olympico clashes in history 🔥 – Yahoo Sports

The 3 Most Unforgettable Olympico Showdowns in History That Will Leave You Speechless 🔥

August 31, 2025
While Trump Rattles the World, China Basks in the Limelight – The Wall Street Journal

While Trump Rattles the World, China Basks in the Limelight – The Wall Street Journal

August 31, 2025

Economists Raise Red Flags: Alarming Warning Signs Emerge Across the Economy

August 31, 2025
Erykah Badu Announces ‘Abi & Alan’ Album With The Alchemist Will Be Delayed – yahoo.com

Erykah Badu Opens Up About the Delay of Her Highly Anticipated ‘Abi & Alan’ Album with The Alchemist

August 31, 2025
Coach Prime 2.0: What’s next for Deion and the Buffaloes – ESPN

Coach Prime 2.0: What’s Next for Deion Sanders and the Buffaloes?

August 31, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (800)
  • Economy (818)
  • Entertainment (21,698)
  • General (16,782)
  • Health (9,859)
  • Lifestyle (833)
  • News (22,149)
  • People (820)
  • Politics (826)
  • Science (16,029)
  • Sports (21,317)
  • Technology (15,799)
  • World (799)

Recent News

Large reductions in tropical bird abundance attributable to heat extreme intensification – Nature

Dramatic Decline in Tropical Bird Populations Linked to Intensifying Heat Extremes

August 31, 2025
Science Notes: Tracing the origins of the Bedale Hoard – the-past.com

Unlocking the Mysteries of the Enigmatic Bedale Hoard

August 31, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version