Fresh Today

Fresh Today

WASHINGTON—As the COVID-19 pandemic and economic crisis continue to spread, the amount of money migrant workers send home is projected to decline 14% by 2021 compared to the pre COVID-19 levels in 2019, according to the latest estimates published in the World Bank’s Migration and Development Brief. 

WASHINGTON–With attention focused elsewhere in this city today, the Federal Reserve Board’s Open Market Committee is scheduled to wrap up two days of meetings. It is not expected to make any changes to rates, having earlier stated the current low-rate scenario will likely last for several more years.