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The Economic Outlook And Monetary Policy, Federal Reserve Vice Chair For Supervision Randal K. Quarles At The Hutchins Center On Fiscal And Monetary Policy, The Brookings Institution, Washington, D.C. (Via Webcast)

<p><span>Thank you, David, and thank you to Brookings and the Hutchins Center for the opportunity to lead things off and be part of this very distinguished panel. Today, I will explain why I expect the U.S. economy to continue growing strongly over the remainder of this year and what the implications of that outlook are for monetary policy.</span></p> ....

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Before Biden runs up the debt, he should read Proverbs

President Joe Biden participates in a conference phone call with governors affected by a snowstorm in the Midwest and southwest Feb. 16, 2021, in the Oval Office of the White House. | White House/Lawrence Jackson
âIn the house of the wise are stores of choice food and oil, but a foolish man devours all he has.â
Proverbs 21:20 NIV
In the field of personal financial planning, we apply this verse all the time when we tell clients to maintain a cash reserve of at least three to six months of living expenses. Having cash reserves in our time is equivalent to having food and oil in storehouses. In the wisdom literature of Proverbs, when it is âwiseâ to do one thing the implication is that it is âunwiseâ or âfoolishâ to do the opposite. Therefore, since it is wise to maintain healthy storehouses of supplies, it is foolish to have nothing in oneâs barn. ....

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Struggling Under a Crushing Weight of Debts

Vanessa Obioha writes that the rising debt profile of Nigeria brings a scrutiny on President Muhammadu Buhari’s administration, which is arguably, the only government that has borrowed more than any in the new democratic dispensation and perhaps the only administration that has recorded two economic recessions
Nigeria’s economy, like most nations in the world, contracted due to the unprecedented Coronavirus pandemic last year. The global crash in oil prices forced the country to suspend the external commercial borrowing as indicated by the Minister of Finance Zainab Ahmed. Ninety per cent of the country’s foreign exchange earnings and about 60 per cent of its total revenue are from the oil sector. ....

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Breaking: Nigeria's Public debt stands at N32.9 trn — DMO

Breaking: Nigeria's Public debt stands at N32.9 trn — DMO
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