Tag: Bloomberg

BloombergAugust 5, 2020

© Reuters. Democrats Propose Requiring Fed to Reduce Inequality Across U.S. (Bloomberg) — Democrats in Congress introduced a bill Tuesday that would cement the Federal Reserve’s role in fighting economic inequality. The Federal Reserve Racial and Economic Equity Act would amend the Federal Reserve Act and mandate that the U.S. central bank specifically work to […]

BloombergAugust 4, 2020

© Bloomberg. Lygon Street, the main shopping and dining street, stands deserted during curfew in the Carlton suburb of Melbourne on Aug 3. (Bloomberg) — Victoria’s spiraling Covid-19 outbreak and the closure of large tracts of the southeastern state’s economy is likely to prolong Australia’s first recession in almost three decades. A curfew in Melbourne, […]

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