A Federal Reserve president thinks fears of a 1970s-style stagflation are overblown


Brendan McDermid/REUTERS
Federal Reserve leader Austan Goolsbee smoothed stagflation fears at the Aspen Ideas Festival.Goolsbee cited low unemployment and falling inflation as reaso… [+2243 chars]

https://readr.me/5pj9d8


Comments

Post a Comment

Popular posts from this blog

"We need to wait": WHO urges caution against mix-and-match vaccines | New

Image
s The World Health Organization (WHO) is now advising against mixing two different vaccines. Chief Scientist Dr. Soumya Swaminathan said decisions to allow potential mixing of vaccines are being driven by a lack of data. “It’s a little bit of a dangerous trend where people are in a data-free, evidence-free zone.” She went on to say that there’s a possibility that it will turn out to be a good approach, but because of the lack of data and science behind it, it’s too soon to say for certain. “There are studies going on; we need to wait for that.” The National Advisory Committee on Immunization, which certain Canadian health jurisdictions rely on for guidance in regards their vaccine strategies, has approved mix-and-match vaccinations in certain conditions. Dr. Swaminathan also reiterated her point on Twitter after the briefing. Another topic that was discussed was COVID-19 vaccine digital certification. This would be another way for health officials to track vaccinations. ...
Read more

BC health officials announce 150 new COVID-19 cases | New

Image
s BC health officials announced 150 new test-positive COVID-19 cases on Tuesday, bringing the total number of recorded cases in the province to 149,259. New and total active cases, broken down by health region, are as follows: Fraser Health: 32 new cases, 196 total active cases Vancouver Coastal Health: 17 new cases, 122 total active cases Interior Health: 95 new cases, 412 total active cases Northern Health: Three new cases, 14 total active cases Island Health: Three new cases, 35 total active cases Outside of Canada: No new cases, four total active cases There have been no new COVID-19-related deaths, which leaves a total of 1,768 deaths in British Columbia. To date, 80.7% of all eligible people 12 and over have received their first dose of the COVID-19 vaccine. In total, 6,637,241 doses of Pfizer-BioNTech, Moderna and AstraZeneca COVID-19 vaccines have been administered in BC. There are two active outbreaks in BC. One is in long-term care at Holyrood Manor in Fraser H...
Read more