Tag: stimulus

Capital and Risk, Macroeconomic

Powell praises economic recovery and sees Fed pulling back help after ‘substantial’ progress

March 25, 2021


Powerful fiscal help from Congress combined with accelerated vaccine distribution has allowed the U.S. economy to recover faster than expected, Federal Reserve Chairman Jerome Powell said Thursday. At some point, that will allow the central bank to dial back the […]


Thoughts on a Biden Presidency’s Impact on Banks

January 13, 2021

Via: Bank Director

On Jan. 20, Joseph R. Biden Jr. will be sworn in as the 46th President of the United States. Though President-elect Biden has been a staple of U.S. politics for over four decades, the potential impacts of his administration on […]

Capital and Risk, Liquidity, Regulations

European Central Bank set to increase its stimulus as Covid lockdowns blight the economic recovery

December 9, 2020


The European Central Bank is set to expand its massive stimulus program Thursday as the continent deals with a second wave of the coronavirus pandemic and associated lockdowns. Back in October, the euro zone’s central bank vowed to “recalibrate its […]

Capital and Risk, Macroeconomic

Joe Biden will have a long list of economic fixes to make: Experts say these are the top 3

November 11, 2020

Via: Aol

Economists and market analysts say that when President-elect Joe Biden takes the oath of office in January, he will inherit a battered economy. While most metrics of economic activity have risen from the record-shattering lows they hit in March and […]

Capital and Risk, Macroeconomic

As Washington delays stimulus, the Fed is running out of ways to help the economy

October 28, 2020


Federal Reserve officials have been pressing Congress to provide more fiscal help to the U.S. economy, and with good reason: The central bank is running out of ways it can help. Since the expiration of key provisions of the $2.2 […]

Capital and Risk, Macroeconomic

A blue wave on Election Day may unleash $2.5 trillion in stimulus, Goldman Sachs says

October 19, 2020

Via: Aol

Break out those shovels, picks and the debit cards if a blue wave of Democrats washes into D.C. come Election Day. Goldman Sachs said Monday in a new note that a blue wave could lead to a whopping $2.5 trillion […]