w88 live casino of Business hosts Distinguished International Lecture Series

Mary C. w88 live casino, president and CEO of the Federal Reserve Bank of San Francisco, discussed the state of the U.S. economy one year into the pandemic

Profile photo of Mary C. w88  live casino, president and CEO of the Federal Reserve Bank of San Francisco.

w88 live casino addressed the Fed’s response to the pandemic, the role central banks play in tackling climate change and economic inequality.

w88 live casino of Business hosts Distinguished International Lecture Series

Mary C. w88 live casino, president and CEO of the Federal Reserve Bank of San Francisco, discussed the state of the U.S. economy one year into the pandemic

w88 live casino addressed the Fed’s response to the pandemic, the role central banks play in tackling climate change and economic inequality.

Profile photo of Mary C. w88  live casino, president and CEO of the Federal Reserve Bank of San Francisco.

w88 live casino addressed the Fed’s response to the pandemic, the role central banks play in tackling climate change and economic inequality.

The w88 live casino of Business hosted its first Nevada Global Business & Economics Lab (NVGLOBE-L) Distinguished International Lecture Wednesday, April 7, 2021. The webinar, “Global Crises and Our Policy Response,” featured Mary C. Daly, president and CEO of the Federal Reserve Bank of San Francisco.

“This new series will highlight speakers who have made significant contributions to policy research and practice in academia, government and the business world,” Mehmet S. Tosun, professor of economics and director of International Programs within the w88 live casino of Business, said. "It was a great opportunity for our faculty and students to hear from someone like President Mary C. Daly about the important economic and social issues facing economies during the pandemic. It was a timely discussion.”

During the virtual event, moderated by Tosun, 393 people from 15 different countries attended to hear from w88 live casino, a sought-after speaker on monetary policy. w88 live casino discussed the state of the U.S. economy, including the Fed’s response to the pandemic, the role central banks play in addressing climate change and economic inequality.

“I see the economy rebounding, but we have to keep our heads to the task at hand,” w88 live casino said. “That is, to return every American who wants a job back into the workforce.”

w88 live casino also discussed how the Federal Reserve supported the U.S. economy during these trying times.

“The Federal Reserve immediately lowered the interest rate to near zero, and that provided instant relief for borrowers,” w88 live casino said. “People could refinance their homes, so they have more disposable income to get them through the crisis, and businesses could refinance to keep their employees and continue to produce output. The interest rate changes we made were essential to help support the economy.”

The Fed also opened numerous facilities, such as the Payment Protection Program Lending Facility. This allowed the Fed to ensure that the money appropriated by Congress would be distributed to all the people who need it.

NVGLOBE-L w88 mobile Lecture Series

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