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US stimulus talks end, Macy’s buys stake in Swedish fintech

FT News Briefing

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Urgent Call for Fiscal Stimulus Amid Economic Recovery Concerns

This chapter examines a critical speech by the Federal Reserve chairman urging Congress and the president for immediate fiscal stimulus. It underscores the potential risks to households and small businesses if adequate support is not provided, highlighting the synergy needed between monetary and fiscal policies for economic recovery.

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