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Fed Plans to Wind Down a Pandemic Corporate Credit Facility

Fed Plans to Wind Down a Pandemic Corporate Credit Facility The Fed plans to start the process with ETFs -- with the selling of corporate bonds to begin later in the summer. The aim is to complete the exercise by the end of the year. Craig Torres and Paula Seligson | Jun 03, 2021   (Bloomberg) -- The Federal Reserve Board plans to begin gradually selling a portfolio of corporate debt purchased through an emergency lending facility launched last year, as the Covid-19 pandemic was spreadin...
New York United States District Of Columbia Ashok Bhatia Gowri Gurumurthy Neuberger Berman

Recovery leaves Americans confronting unfamiliar inflation risk

Recovery leaves Americans confronting unfamiliar inflation risk The Federal Reserve says a temporary period of higher prices represents just the latest twist in the coronavirus pandemic’s unprecedented bust and boom. David Lynch Save Share Widespread shortages and production snags are driving prices higher for many everyday items, as an uneven economic reopening leaves Americans facing the unfamiliar risk of inflation. With new cars in short supply, more consumers are turning instead to us...
United States San Francisco Jerome Powell Lindsey Piegza Koons Tysons Toyota Paul Ashworth
Source: afr.com

Review outlines approaches to deliver radiation to tumors while sparing healthy tissue

 E-Mail IMAGE: UNC Lineberger Comprehensive Cancer Centers Lawrence Marks, MD, and colleagues have published a comprehensive review that highlights the optimal ways that focused, high-dose radiation can be delivered to various types... view more  Credit: UNC Health CHAPEL HILL, North Carolina--A comprehensive review by University of North Carolina researchers and colleagues highlights the optimal ways that focused, high-dose radiation can be delivered to various types of tumors while ...
United States New York Memorial Sloan Kettering Cancer Center Thomas Jefferson University Andrew Jackson Jinyu Xue

Creating Fiscal Space During the Covid-19 Era

Thursday, April 29, 2021 2:00 pm - 3:30 pm On Thursday, April 29 from 2:00 – 3:30 p.m. EDT, the CSIS Commission on Strengthening America’s Health Security and CSIS Economics Program will co-host a panel discussion on the major findings of a new Commission report: Creating Fiscal Space in the Covid-19 Era. This event will feature keynote remarks followed by a distinguished panel of experts, who will discuss innovative, concrete options for generating financial resources for pandemic prepa...
United States Randy Baukol Stephanie Segal Mark Bowman Gargee Ghosh Nancy Lee
Source: csis.org

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Dangerous divergence: US, China seen growing faster than others

The world economy is on course for its fastest growth in more than a half century this year, yet differences and deficiencies could hold it back from attaining its pre-pandemic heights any time soon. The U.S. is leading the charge into this week’s semi-annual virtual meeting of the International Monetary Fund, pumping out trillions of dollars of budgetary stimulus and resuming its role as guardian of the global economy following President Joe Biden’s defeat of “America First” President ...
United States South Africa World Bank District Of Columbia Janet Yellen Donald Trump

World Economy Risks 'Dangerously Diverging' Even as Growth Booms

(Bloomberg) -- The world economy is on course for its fastest growth in more than a half century this year, yet differences and deficiencies could hold it back from attaining its pre-pandemic heights any time soon.The U.S. is leading the charge into this week’s semi-annual virtual meeting of the International Monetary Fund, pumping out trillions of dollars of budgetary stimulus and resuming its role as guardian of the global economy following President Joe Biden’s defeat of &#x201C...
United States South Africa World Bank District Of Columbia Janet Yellen Donald Trump
Source: yahoo.com

World economy risks 'dangerously diverging' even as growth booms; China outpaces India, emerging markets

The world economy is on course for its fastest growth in more than a half-century this year, yet differences and deficiencies could hold it back from attaining its pre-pandemic heights any time soon. But while the US is bouncing, France, Germany, Italy, the UK, and Japan are contracting. In the emerging markets, Brazil, Russia, and India are all being clearly outpaced by China.
United States United Kingdom South Africa World Bank District Of Columbia Janet Yellen

Haunted by 2008, China and U.S. Diverge on Stimulus Plans

Haunted by 2008, China and U.S. diverge on stimulus plans Christopher Anstey, Enda Curran and Rich Miller, Bloomberg News Yuan Is Long-Term Appreciation Story: AllianceBernstein VIDEO SIGN OUT The U.S. and China are pursuing divergent economic policies in the aftermath of the coronavirus recession in a role reversal from last time the world economy was recovering from a shock. One of the takeaways from the annual National People’s Congress under way in Beijing is a conservative g...
United States Hong Kong Jerome Powell Janet Yellen Morgan Stanley Asia Stephen Roach

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