An existing mechanism can provide struggling businesses with cash grants to bring back unemployed or furloughed workers.
The COVID-19 pandemic has unleashed economic effects unlike any the world has seen before. Among the most disruptive events of our lifetimes, it defies conventional labels. Here’s how we’ll move forward.
Strict efforts to fight the coronavirus make a global recession imminent. We expect it to be sharp, but short.
Amid the coronavirus outbreak, a little perspective can go a long way.
Uncertainty around the coronavirus and its global economic effects could be resolved soon with answers to two key questions: When will new cases outside China peak? And how will policymakers respond?
Vanguard’s Joe Davis looks at how uncertainty may shape the Federal Open Market Committee’s thinking about short-term interest rates during their September meeting.
Vanguard Chief Economist Joe Davis gives his perspective on where monetary policy may be headed.