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Republican $1tn plan, Paul Tucker on damage limits

Republican $1tn plan, Paul Tucker on damage limits

FromFT News in Focus


Republican $1tn plan, Paul Tucker on damage limits

FromFT News in Focus

ratings:
Length:
11 minutes
Released:
Mar 20, 2020
Format:
Podcast episode

Description

The FT News Briefing is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing.Friday, March 20Republicans in the US Senate have introduced legislation to inject more than $1tn of fiscal stimulus into the economy as it grapples with the coronavirus outbreak. Sir Paul Tucker, the former deputy governor of the Bank of England and current chair of the Systemic Risk Council, says it’s time for policymakers and bankers to prepare for a wartime setting if conditions deteriorate. Plus, the only US drugmaker that makes a potential treatment for the coronavirus raised the price nearly 100 per cent in January as the outbreak wreaked havoc in China.  For information regarding your data privacy, visit acast.com/privacy
Released:
Mar 20, 2020
Format:
Podcast episode

Titles in the series (100)

News features and analysis from Financial Times reporters around the world. FT News in Focus is produced by Fiona Symon.