June 27, 2022/Cordros Report The global economy started the year with the optimism of growth consolidation given the continued normalisation of economic activities, and as supply chain constraints were expected to ease further into the year. However, the Russia-Ukraine conflict and the associated sanctions by NATO and its allies have […]
World News
The Outlook for Inflation and Monetary Policy
June 23, 2022/US Federal Reserve Governor Michelle W. Bowman At Executive Officers Conference, Massachusetts Bankers Association, Harwich, Massachusetts Thank you to the Massachusetts Bankers Association for the opportunity to speak to you today. It is often good to get away from Washington to gain some perspective, and it’s always worthwhile […]
US Fed Release Banks Stress Test with Strong Capital Level to Sustain Lending
June 23, 2022/US Federal Reserve The Federal Reserve Board on Thursday released the results of its annual bank stress test, which showed that banks continue to have strong capital levels, allowing them to continue lending to households and businesses during a severe recession. All banks tested remained above their minimum […]
