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Showing 1 - 7 of 7 results for "CARES Act"

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... Uncle Sam, thank you very much. There's the cheque for US$1200 per person (plus US$500 per child) issued under the CARES Act in March 2020; there's the cheque for US$600 per person (US$600 per child) announced in December 2020; there's the ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... re-entering the labour market. There's the cheque for US$1200 per person (plus US$500 per child) issued under the CARES Act in March 2020; there's the cheque for US$600 per person (US$600 per child) announced in December 2020; there's the ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
... Trump's term in office. But underlying all these are America's aggressive fiscal and monetary responses. The CARES Act, direct payments to households, extended unemployment benefits, the Paycheck Protection Progamme, etc. implemented by the government ...

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
... government spending. Imports, a subtraction in the calculation of GDP, decreased." Read: were it not for government spending (CARES Act), and lesser imports (itself an indication of reduced domestic demand), the June quarter GDP figure would have been ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
... and forceful policy action across the government, including the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This direct support is making a critical difference not just in helping families and businesses in a time of need, but also ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... power of money. Cheaper borrowing costs and money printing from the Fed and trillions of dollars provided under the CARES Act - one time cheques and increased unemployment insurance. Glory, glory hallelujah! For there'll be more money, money, money ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... IRAs, as a part of its US$2 trillion stimulus package, called the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Those who have been diagnosed with COVID-19, have a spouse or dependent who was diagnosed with it, or are experiencing financial ...
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