Tag: Bloomberg

BloombergOctober 23, 2020

Bridgewater’s Prince Warns of Severely Limited Growth Post-Covid (Bloomberg) — Bob Prince, co-chief investment officer of the world’s biggest hedge fund at Bridgewater Associates, said an unusual combination of low interest rates and rising debt during the pandemic will “severely” limit potential growth rates in the aftermath of the pandemic. Fiscal policy will remain the […]

BloombergOctober 21, 2020

(Bloomberg) — Federal Reserve Governor Lael Brainard said a failure by Congress to reach an agreement on further support for the economy is the biggest risk to the outlook aside from the coronavirus itself. “Premature withdrawal of fiscal support would risk allowing recessionary dynamics to become entrenched, holding back employment and spending,” said Brainard, viewed […]

BloombergOctober 20, 2020

© Bloomberg. Christine Lagarde, president of the European Central Bank (ECB), gestures during the central bank’s rate decision news conference in Frankfurt, Germany, on Thursday, March 12, 2020. Lagarde urged governments to stop dithering in their economic response to the coronavirus as she warned that the outbreak already constitutes a “major shock” to global growth […]

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