We provide an initial assessment of the Federal Reserve's policy response to the COVID contraction. We briefly review the historical episode and consider the standard textbook treatment of a pandemic on the macroeconomy. We summarize and then evaluate the Fed's monetary and emergency lending ...
Understanding the impact of the COVID-19 pandemic response on GI infection surveillance trends in England, January 2020–April 2022 Stepwise non-pharmaceutical interventions and health system changes implemented as part of the COVID-19 response have had implications on the incidence, di... NK Love...
The Federal Reserve is America’s most important financial institution in terms of its ability to spur economic activity and mitigate downturn. Its dual mandate – stabilizing prices and attaining maximum employment – has become significantly more impo
The COVID-19 outbreak in the United States has wreaked havoc in the U.S. economy. In response, the U.S. government has taken massive actions to stabilize and stimulate the economy. The U.S. Federal Reserve has delivered a series of extraordinary measures to support the U.S. ...
On Nov. 3, the Federal Reserve, America’s central bank , announced it will begin reducing asset purchases (tapering) this month. It marks the first step in normalizing monetary policy in 20 months by changing position on the quantitative easing program implemented in response to the COVID-19...
Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing related symptoms. Powell tested positive late Thursday. "Following Centers for Disease Control and Prevention guidance, he is staying away from others and working at home,” a Fed ...
The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News correspondent Natalie Brand has more from the White House.Nov 8, 2024 ...
More In Federal Reserve Analysis Here are the 5 things we're watching in the stock market in the week ahead Investors need to adjust rate outlook but shouldn't panic, DataTrek's Colas says Gundlach says increase cash positions as yields don't appear to be going away ...
The deficit at this point last year and in 2020, 1.9 trillion dollars and 1.5 trillion dollars, respectively, was much larger because of spending in response to the COVID-19 pandemic -- mostly for the recovery rebates (also known as economic impact payments), unemployment compensation, and pa...
WASHINGTON-The Federal Reserve will cut interest rates by a half-percentage point in its first emergency rate cut since the Great Recession in response to the spreading coronavirus. Fed Chair Jerome Powell said Tuesday that the coronavirus “poses evolving risks to economic activity." ...