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Us Will Avoid Japan-style Slump, Says Fed

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The US will avoid a severe and prolonged recession similar to Japan’s in the 1990s because US policymakers will do whatever it takes to avert such an outcome, the Federal Reserve believes.

The central bank’s willingness to embrace unorthodox measures is reflected in its latest supersized liquidity operations, which involve lending financial institutions $436bn in one-month advances of cash and Treasuries.


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  • 295 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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