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Unpacking all of the latest news: each week, we share our observations on the economy and markets.

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OPEC's Production Deal

OPEC's Production Deal

Introduction

The Fed's $2.3 trillion plan

The Fed's $2.3 trillion plan

On April 9th, Jerome Powell and the Federal Reserve announced $2.3 trillion in new programs to support the US economy. Today's announcement came shortly after the Labor Department reported that 6.6 million new unemployment applications were received the week ending April 4th. This was on the heels of 6.9 million claims and 3.3 million claims for…