Wednesday, February 17, 2021

Kansas City Fed Flexes Pandemic Fix

A quick reminder that an economic prognosis is probably equally as important and plague news that's constantly in flux.

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Kansas City Fed's George: Fiscal policy will remain key economic prop until pandemic is over

WASHINGTON, Feb 16 (Reuters) - Fiscal policy will remain an important prop of the U.S. economy until the pandemic is "in the rearview mirror," Kansas City Federal Reserve Chair Esther George said on Tuesday. Rising federal debt will have to be addressed at some point, she said, and the costs to taxpayers "will not be insignificant" if interest rates rise.

1 comment:

Anonymous said...

TOP PHOTO -- ON A ROLL

Q: After the BIS phases out physical currencies worldwide, what will you use after a bowel movement?

A: A fist full of dollars!!!