Informations

Here is some relative information.

Fiscal stimulus

The CARES Act, which was passed in March 2020, included direct payments of up to $1,200 to individuals and $2,400 to married couples, with an additional $500 per dependent child. These payments were intended to provide immediate financial support to households affected by the pandemic (“About the CARES Act”).
The Paycheck Protection Program (PPP) provided forgivable loans to small businesses that were struggling to maintain payroll during the pandemic. The program helped many businesses stay afloat and retain employees during the economic downturn.
The American Rescue Plan Act, which was passed in March 2021, included another round of direct payments to individuals, extended unemployment benefits, and funding for vaccine distribution and other public health measures (“The U.S. Economy”)

The Federal Reserve lowered its benchmark interest rate to near-zero in March 2020 in order to support the economy during the pandemic. This helped to lower borrowing costs for businesses and households, which helped to stimulate spending and investment.
The Fed also provided liquidity to financial markets by purchasing government bonds and other assets. This helped to stabilize credit markets and ensure that businesses had access to the funding they needed to weather the pandemic (“The U.S. Economy”)