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The central bank can “be an assist” on climate risk, says economist Claudia Sahm, but Congress sets the priorities.
The Fed has a dual mandate to control inflation as well as unemployment, unlike other central banks.
The Fed has to walk a fine line between mitigating disaster and shifting monetary policy to focus on fighting climate change.
And that’s if vaccine distribution stays on track, David Malpass says.
The IMF had a call with 189 member countries Tuesday to discuss a coordinated response to COVID-19.
The Federal Reserve just announced it’s cutting interest rates. But in many parts of the world, interest rates are in negative territory. Given the right circumstances, U.S. rates could go negative, too.
Central banks' purchases of the precious metal worry some onlookers.
Governors offering their (opposing) thoughts spark volatility in markets.
In a search for yield, investors are turning to these relatively risky investments.
The U.S. is obsessed with finance, here's a look at why it's time for a pivot.