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The United States House of Representatives votes 219-212 to pass U.S. President Joe Biden's $1.9 trillion relief package, which would provide $1,400 in direct payments. The bill will head to the Senate for a vote.
2021-02-26

Indonesia's GDP contracts 2.07% in 2020, the first economic contraction since the aftermath of the 1997 Asian financial crisis in 1998.
2021-02-5

The United States's GDP contracts 3.5% in 2020, its first annual contraction since 2009 following the financial crisis of 2007–2008 and the country's worst economic performance since 1946.
2021-01-28

The European Central Bank expands its Pandemic Emergency Purchase Programme by €500 billion to €1.85 trillion and extends the scheme to March 2022, saying it expects "a more pronounced near-term impact of the pandemic on the Eurozone economy and a more protracted weakness in inflation than previously envisaged".
2020-12-10

The Eurostat reports that consumer prices in the Eurozone have deflated from 0.4% in July to -0.2% in August, the bloc's first deflation since May 2016.
2020-09-1

The Brazilian economy officially enters a recession after the country's statistics institute reported a 9.7% decline of its gross domestic product (GDP) in the second quarter, which is the second consecutive quarter of a decline in its GDP. It is Brazil's largest quarterly drop since 1996.
2020-09-1

Vice Chancellor and Federal Finance Minister Olaf Scholz announces a plan to loan around €218 billion ($258bn) for a bailout to mitigate the impact of the country's recession caused by the pandemic, thereby suspending the debt brake.
2020-08-21

The Federal Reserve Bank announces the commitment to buy any amount of government-backed securities needed to keep interest rates down. Among other measures being developed to support the real economy, it will also establish a special purpose vehicle allowing it to buy investment-grade corporate bonds directly.
2020-03-23

Markets are on pace for their worst week since the 2008 financial crisis.
2020-02-27