The William R. Rhodes Center for International Economics and Finance
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Rhodes Center affiliate Simon Tilford argues that the financial instability sparked by the coronavirus will result in states pursuing increasingly interventionist and nationalist economic policies.
Fed leans on community banks for virus relief (written by Brendan Greeley)
Brendan Greeley, Rhodes Center affiliate and US Economics Editor for the Financial Times, argues that the Federal Reserve can use community and regional banks to provide relief to families and small businesses.
Letter: It is time for Brussels to launch a eurobond
Rhodes Center Director Mark Blyth and Center affiliate Stephen Kinsella send an open letter to the European Council calling for the creation of a single, eurozone wide bond to share the costs of fighting coronavirus among member states.
Academics urge EU to issue ‘eurobonds’ to aid coronavirus response
Rhodes Center Director Mark Blyth gathers support for plan to create a new, eurozone-wide financial instrument called the ‘eurobond’ to raise capital and lower borrowing costs for European nations reeling from the coronavirus.
Federal Reserve unleashes unlimited Treasury purchase plan (written by Brendan Greeley and Colby Smith)
Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report on the Federal Reserve’s historic plan to boost the economy by buying government bonds and corporate debt.
Federal Reserve takes steps to support US municipal bond market (written by Brendan Greeley and Colby Smith)
Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report on the Federal Reserve’s announcement of a new lending program for municipal bonds.
Fed to buy commercial paper to ease market turmoil (written by Brendan Greeley and Colby Smith)
Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report on the Federal Reserve’s announcement that it will begin buying commercial paper in a bid to shore up markets.
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Fed to lend against stocks and bonds in bid to stabilise markets (written by Brendan Greeley and Colby Smith)
Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report that Federal Reserve has loosened lending requirements and collateral rules to boost liquidity.
How the Federal Reserve has moved to support the financial system — explained (written by Brendan Greeley and Colby Smith)
Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, explain three of the Federal Reserve’s tactics to keep financial markets from falling during the coronavirus pandemic.
Seattle’s small businesses try to survive coronavirus outbreak (written by Brendan Greeley)
Brendan Greeley, Rhodes Center affiliate and US Economics Editor for the Financial Times, reports on the effect social distancing has had on restaurants and other retail businesses.
Fed speeds up purchase of Treasuries to ease market strains (written by Brendan Greeley and Colby Smith)
Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report that the Federal Reserve is poised to spend $37bn, nearly half its total for March and early April, in a single day.
How the Federal Reserve can help small businesses right now (written by Brendan Greeley)
Brendan Greeley, Rhodes Center affiliate and US Economics Editor for the Financial Times, argues that the Federal Reserve needs to step in and keep money flowing to local banks and small businesses during the liquidity crisis sparked by the coronavirus.
Fed promises to pump trillions of dollars into financial markets (written by Brendan Greeley and Colby Smith)
Rhodes Center affiliates Brendan Greeley, US Economics Editor for the Financial Times, and Colby Smith, US Markets Reporter for the Financial Times, report on the Federal Reserve’s efforts to increase lending to the repo market.
US bank regulators urge relief for borrowers over coronavirus (written by Brendan Greeley)
Brendan Greeley, Rhodes Center affiliate and US Economics Editor for the Financial Times, reports on the Federal Reserve and the Office of the Comptroller of the Currency’s promises to aid financial institutions during the coronavirus outbreak.
US election may turn on voters’ view of inequality (written by Megan Greene)
Megan Greene, economics commentator at the Financial Times and Rhodes Center affiliate and US Economics Editor for the Financial Times, argues that the 2020 election will be a test of how concerned Americans are by economic inequality.
Coronavirus may be worse than Wall Street is wagering (written by Megan Greene)
Megan Greene, economics commentator at the Financial Times and Rhodes Center affiliate and US Economics Editor for the Financial Times, argues that Wall Street is underestimating the coronavirus’s potential ability to disrupt manufacturing and supply chains.
Fed averts another bout of repo turmoil despite cash squeeze (by Colby Smith)
Rhodes Center affiliate and Financial Times reporter Colby Smith reports on the Federal Reserve’s efforts to keep short term borrowing costs down.
Trump’s plan to label Mexico’s cartels as terrorists ignores U.S. role in drug trade (written by Peter Andreas)
Peter Andreas, John Hay professor of international studies, responds to Trump’s plan to designate Mexican drug cartels as terrorist organizations by pointing to American gun manufacturers’ role in supplying cartels with weapons.
Facebook’s Libra currency is wake-up call for central banks (by Brendan Greeley)
Brendan Greeley, Rhodes Center affiliate and US Economics Editor for the Financial Times, writes that some central bankers see Facebook’s digital currency as a potential threat.
Brexit deal wins few friends in Northern Ireland (comments by Mark Blyth)
Mark Blyth provides commentary in Marketplace, "It’s mostly English taxpayers that keep Northern Ireland afloat with an $11 billion a year subsidy."
Mark Blyth offers commentary on the state of disaffection in the United Kingdom.
Germany Is an Economic Masochist (written by Simon Tilford)
Simon Tilford, Rhodes Center affiliate, argues that the German government could boost the nation’s economy through deficit spending.
Peter Andreas, John Hay professor of international studies, says, “more concentrated and potent synthetic drugs make reliance on border interdiction as a cornerstone of drug control even more irrational. Focusing more on demand than on supply becomes more urgent than ever.”
Rural areas 'will be first to feel pain' from the harsh realities of Brexit (comments by Stephen Kinsella)
Stephen Kinsella, associate professor of economics at the University of Limerick and Rhodes Center affiliate, says “Brexit is a sectoral shock to the Irish economy.”