Vaccine, stimulus bill gives hope but US-China tensions weigh
Financial markets will enter the holiday-truncated week with cautious optimism as the US congress agreed on a $900 billion coronavirus aid bill with the US Federal Reserve Vice-Chairman Richard Clarida expressing an upbeat economic assessment with “very, very positive news on multiple vaccines”.The US Federal Reserve’s approval for the resumption …
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Pelosi, Mnuchin push Covid relief talks as US Senate votes on limited bill
US Senate Republicans are preparing to bring up legislation on Tuesday to replenish a programme that helps small businesses slammed by the coronavirus, as House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin discuss a larger stimulus package.Pelosi and Mnuchin, who have been negotiating intermittently since August on a fresh …
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