New aid in US for stimulating the economy

President Donald Trump has signed a law authorizing the use of $ 2.2 trillion to protect the United States from economic dangers stemming from a worsening pandemic.

It was the third package of aid and incentive laws adopted since the beginning of the crisis.

Countries and local communities also offer emergency funding. This list will be updated as we learn more about the funds available.

The Federal Reserve has announced a new round of incentives designed to calm markets and protect the economy from a pandemic. Among other steps, the Fed said it would buy exchange-traded funds that track the corporate bond market, first for the US central bank.
Todd Rosenbluth, Head of ETF and Mutual Fund Studies at CFRA, said: “This will provide much needed liquidity in the bond market and ETFs.”

 Trader Georgi Bozhidarov

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