Stimulus Pours Into Asia
Jeffrey Halley, Senior Market Analyst, OANDA
08-Apr-20 08:30
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Following the $2 trillion and counting US stimulus package, Japan unveiled its $1 trillion package after declaring the country under a state of emergency. Indonesia had its biggest USD bond issue ever while the Fed offers a $60 billion loan. Jeffrey Halley assesses whether such money will do the job of resuscitating regional economies.
Produced by: Michael Gong
Presented by: Wong Shou Ning, Julian Ng
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Categories: Business Analysis, Trends and Forecasts, Markets, Investments
Tags: Japan, Indonesia, stimulus package, Covid-19, oil, pandemic,