In the latest Central Banker newsletter: Recent remarks from Bullard, central bank digital currencies, the yield curve as a predictor of growth, the output gap as an economic indicator, and the Fed’s emergency lending powers
Feds say Swiss company to pay USD77M over US tax evaders » Borneo Bulletin Online - Borneo Bulletin Online
How the Federal Reserve Implements Monetary Policy: This lesson (designed to help with “textbook lag”) explains how the FOMC conducts monetary policy to achieve the Fed’s dual mandate:
Will Collins, a U.S. Navy Mass Communication Specialist 2nd Class and Boston Fed’s social media coordinator, is on a deployment in Manama, Bahrain, where he works in the 5th Fleet public affairs office. Happy #ArmedForcesDay to Will and all who serve in the Armed Forces!
Restrictions will lift once 75% of Canadians get one shot and 20% are fully immunized, feds say
Kentucky gets $45 BILLION more in federal funding than they pay in taxes. New York pays $21 BILLION more in taxes than they get from the feds. So effectively every year NY writes a $21B check to KY. But helping pay for pandemic response is a blue state bailout. Got it.
If Chicago doesn't fix the horrible "carnage" going on, 228 shootings in 2017 with 42 killings (up 24% from 2016), I will send in the Feds!
The chief executive of a MA hospital, outbid for PPE by the feds multiple times, cut a deal, paid extra, hired the trucks — and then was interrogated by the FBI and had to get his Congressperson to intervene to keep DHS from heisting the shipment.
Here’s the latest as of an hour ago: Trump says it’s up to the states to manage testing, find PPE, coordinate treatment. Their job, not the feds, he says. But right now - tonight - he is opposing money being added to the next aid bill to help states pay for It all. wtf
Job loss is a qualifying life event under the ACA, so people can enroll even if the Feds haven't created a special open enrollment period.