The global economy continues to stay slow amid concerns about growth. The US economy contracted 4.8% in the first quarter. Unemployment figures touched 36.5 million in 63 days and FED added $2.2 trillion in its balance sheet. The world’s biggest economy is tested with COVID-19. A slow growth moving into a deep recession and above all recovery looks like an uphill task. Facts are in the numbers. The central banks are lowering interest rates globally with negative interest rates coming into the market.

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