Bloomberg (July 27)
In unscripted remarks, Fed Chair Jerome Powell mentioned interest rates are at a “neutral level,” which is shorthand for “consistent with monetary policy being neither contractionary nor expansionary.” If rates really “are already at neutral. This would improve the chances of the Fed being able to soft-land the economy, thereby reducing inflation with limited damage to livelihoods and without triggering unsettling financial instability.”
Tags: Contractionary, Economy, Expansionary, Fed Chair, Inflation, Instability, Interest rates, Livelihoods, Monetary policy, Neutral level, Powell, Unscripted
Chicago Tribune (June 2)
“What do you say to a city whose residents, livelihoods and sense of security have been pummeled by the coronavirus pandemic and then civil unrest and mass looting? You say that Chicago is up to the challenge and must move forward. You say: Reopen and rebuild…. This resilient city will recover again.”
Tags: Chicago, Civil unrest, Coronavirus, Livelihoods, Mass looting, Pandemic, Pummeled, Rebuild, Recover, Reopen, Residents, Resilient, Security
Bloomberg (March 28)
Turkish President Recep Tayyip Erdogan is trying to create a “New Turkey,” but this is leaving “millions unmoored” as the “massive shift away from agrarian lifestyles” destabilizes “the country’s food supply and cost many their livelihoods.”
Tags: Agrarian, Erdogan, Food supply, Lifestyles, Livelihoods, President, Shift, Turkey, Unmoored
