WEATHER ALERT
IMF fees on war-torn countries closer to elimination
Read full article: IMF fees on war-torn countries closer to eliminationThe International Monetary Fund is facing pressure to eliminate, or at least, reevaluate how it imposes fees on loans it disperses to needy countries like war-torn Ukraine — which is one of the fund’s biggest borrowers.
Fed's Powell will aim to win a high-stakes bet in 2nd term
Read full article: Fed's Powell will aim to win a high-stakes bet in 2nd termFederal Reserve Chair Jerome Powell gambled last year that his ultra-low rate policies would help revive an economy that had sunk deep into a pandemic-induced recession.
Yellen's encore: Lending economic heft to Biden's virus plan
Read full article: Yellen's encore: Lending economic heft to Biden's virus plan“Yellen is uniquely poised," said Brian Deese, director of Biden’s National Economic Council. "She has as much experience and expertise of addressing the challenges of our time as any living economic policymaker today. AdYellen juggled parenting with her work as a professor at the University of California, Berkeley, in the 1980s, helping to build her son’s pinewood derby car as a colleague fed economic data into a computer. It’s an argument cultivated from years of research that fully blossomed during Yellen’s time as Fed chair. She said Yellen values differences of opinion and diversity because that helps her get a fuller sense of the economy.