IMF chief warns of worst recession since 1930, seeks more fiscal stimulus to prevent economic 'scarring' from COVID-19 crisis
In a blog message posted on the IMF website, Georgieva said, “The year 2020 could see worst global economic fallout since the Great Depression in the 1930s.’’
Apr 09, 2020, 18:01 PM ISTNever talked about fiscal stimulus: Arun Jaitley
The media has spoken about it and "you should ask" them on it, Jaitley said when asked whether the government was considering a massive fiscal stimulus package.
Oct 15, 2017, 11:34 AM ISTFed keeps rates steady, to start portfolio drawdown in October
That is one-quarter of a point above the current level. Financial markets were barely moved by the Fed decision and the new economic projections and based on the immediate market reaction it looked as if the Fed was right when it said that the portfolio runoff would be as exciting as "watching paint dry".
Sep 20, 2017, 23:49 PM ISTMore fiscal stimulus credit negative for China: Moody's
Terming China's GDP growth rate at 6.9 percent in 2015 as 'relatively robust', Moody's Wednesday said continued policy support and fiscal stimulus to keep the growth rate high will be 'credit negative' for the country.
Jan 27, 2016, 16:57 PM IST