Fed’s Rosengren on Inflation, Pandemic, Main Street Loans

Aug.12 — Federal Reserve Bank of Boston President Eric Rosengren discusses the outlook for U.S. inflation, the economic impact of a possible Covid-19 resurgence, and the performance of the Fed’s stimulus measures. He speaks with Bloomberg’s Mike McKee on “Balance of Power.”


In This Story: Boston

Boston, officially the City of Boston, is the capital and most populous city of the Commonwealth of Massachusetts in the United States and 24th-most populous city in the country. The city proper covers 48.4 square miles with a population of 675,647 in 2020, also making it the most populous city in New England.

1 Recent Items: Boston

Debating the heat & lakers' postseason ceiling + what are the phoenix suns? | nba today 1

Debating the Heat & Lakers’ postseason ceiling + What are the Phoenix Suns? | NBA Today

In This Story: COVID-19

Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

Symptoms of coronavirus

The main symptoms of coronavirus are:

  • a persistent new cough (non productive, dry)
  • a high temperature (e.g. head feels warm to the touch)
  • shortness of breath (if this is abnormal for the individual, or increased)

Latest News about Covid-19

Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.

5 Recent Items: COVID-19

Global National: Jan. 19, 2024 | Health data shows influenza, COVID-19 cases decreasing in Canada

Stock market today: Dow, S&P 500 hit record highs as tech stocks soar | January 19, 2024

Stock market today: Stocks climb with techs ready to roar | January 19, 2023

Dr Anthony Fauci ‘became part of the problem’ when it came to the spread of Covid misinformation

WEF summit: Canada warns of future supply shocks amid global instability

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

5 Recent Items: Inflation

Red Sea tension upsets Yemeni fishermen’s livelihood

Impact inflation, living costs have on birth rates and Canadians on parental leave

Davos 2024: Biggest Takeaways From the World Economic Forum

Fed rate cuts: Labor data will make ‘last mile less difficult’: Economist

Trump Back in White House? Lagarde Says ‘Let Me Have Some Coffee’

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