February 24, 2021/United Capital Report Making a killing on cheap deposits Zenith Bank Plc (“ZENITH”) released its FY-2020 results earlier, reporting a 5.2%y/y growth in Gross Earnings (GE) to N696.5bn. Also, PBT and PAT rose 5.2% and 10.4% to N255.9bn and N230.6bn while Loans and deposits expanded by 19.1% and […]
OPINION/EDITORIAL
The Great Divergence: A Fork in the Road for the Global Economy
February 24, 2021/IMFBlog By Kristalina Georgieva As G20 finance ministers and central bank governors meet virtually this week, the world continues to climb back from the worst recession in peacetime since the Great Depression. The IMF recently projected global GDP growth at 5.5 per cent this year and 4.2 per […]
How Should We Think about Full Employment in the Federal Reserve’s Dual Mandate?
February 24, 2021/US Federal Reserve Governor Lael Brainard At the Ec10, Principles of Economics, Lecture, Faculty of Arts and Sciences, Harvard University, Cambridge, Massachusetts I want to thank Jason Furman and David Laibson for inviting me to join your economics class. I often found it difficult in introductory economics to […]
