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Fed rates to lay low & Covid-19 tears into travel sector

Federal Reserve Chairman Jerome Powell has spoken about lending rates, and the future looks low for the United States’ central bank. We take a look at the Fed’s decision and how it plans to handle the country’s high unemployment rate. Plus, amid the Covid-19 pandemic that has forced millions out of their jobs, the richest people in the US have seen their wealth skyrocket. We take a look at the reasons behind the boost in their wealth. And new forecasts paint a gloomy picture for the travel sector as the pandemic has taken a major bite out of the industry.

Fed rates to lay low & Covid-19 tears into travel sector
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.