Financial markets celebrated the signing of the $1.9 trillion bailout package by Biden. Earlier, Yellen had called the package a turning point, promising it will jump-start the economy. The NASDAQ Composite index yesterday added more than 2.5% for the second time in three days, bouncing back above 13,000. The Dow Jones moved further towards historical highs, gaining 0.6% on Thursday.
Fed and ECB balance sheets (Image not shown due to low ratings)
(Image not shown due to low ratings)
(Image not shown due to low ratings)
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