Economic Stimulus
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US Stock Indices Open Low but Show Resilience in Face of Economic Uncertainty
According to reports, the three major US stock indices collectively opened low, with the Dow down 0.22%, the Nasdaq down 0.20%, and the S&P 500 index down 0.17%.
Three major US sto -
Real Estate Tycoon Promises Digital Currency as Economic Stimulus for Thailand Citizens
According to reports, real estate tycoon and Thai Prime Minister contender Srettha Thavisin has promised to distribute 10000 Thai baht (approximately $300) of digital currency to c
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Federal Reserve Set to Slash Interest Rates
It is reported that the Federal Reserve will cut interest rates by 100 basis points by December. (Jin Shi) The Federal Reserve will cut interest rates by 100 basis points by December Analysis based on this information:The Federal Reserve is expected to cut interest rates by 100 basis points by December, according to recent reports. This move is aimed at boosting the economy, as the world continues to grapple with the effects of the COVID-19 pandemic. The COVID-19 pandemic has had far-reaching effects on economies worldwide. Governments and central banks have implemented measures to try and mitigate the impact of the pandemic on their respective economies. This has included financial stimulus packages and, in the case of the Federal Reserve, interest rate cuts. The Federal Reserve’s decision to cut interest rates by 100 basis points is significant, as it represents a drastic measure to stimulate the economy. Interest rates have already been cut this year, but this latest cut is…