An article by New York Post cites CNN as saying that President Trump has signed a $2.3 trillion COVID-19 relief and government funding bill that includes $600 stimulus checks for most Americans.
Key points (Source: New York Post)
The bill authorizes direct checks of $600 for people earning up to $75,000 per year.
The bill creates a new $300 weekly unemployment supplement and replenishes a forgivable loan program for small businesses.
There’s an additional $600 per child stimulus payment.
The news could put a bid under risk assets and weigh over the safe haven US dollar.
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