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US Senate Majority Leader McConnell: Not ruling out another fiscal package

During his latest interview on Fox, the US Senate Majority leader Mitch McConnell said to support another fiscal stimulus to combat the coronavirus (COVID-19).

Key quotes

Anticipates having to act again to help the economy amid coronavirus.

Not ruling out another fiscal package.

On the same page as the White House, Fed Chair.

Talked to (Treasury Secretary) Steve Mnuchin yesterday, (US President) Donald Trump recently about possible future coronavirus relief bill.

Market reaction

While the news should ideally favor the risks, the S&P 500 Futures remain mildly offered, down 0.10% to 2,845, following the outcome. Even so, the US dollar carries the recent strength across major currencies during the early Friday morning in Asia.

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