Joe Baiden
Biden’s surge and the power of fear, Central banks’ 2020 challenges
Wednesday 11 March 2020Â – Vol.11 Ed.11.2
Commentary: Biden’s surge and the power of fear
By Darrell Delamaide in Washington
Democratic primary voters weary of President Trump’s disruptions and leery of Bernie Sanders’ social revolution are massively backing Joe Biden. His policies represent a return to the status quo ante. Whatever the merits of Biden’s achievements, his frequent gaffes make him look like a candidate who will get the nomination only because he is the least bad choice. But Democrats are confident that hatred of Trump will mobilise support for Biden. His surge in the primaries has shown how powerful fear and hatred can be in motivating voters.
Read the full commentary on the website.
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Video: The role of central banks in responding to crises
The risk of a global recession has risen markedly, placing central banks back into the spotlight as economic and financial policy-makers with powerful tools at their disposal. Danae Kyriakopoulou, OMFIF chief economist and director of research, discusses the role of central banks in managing the next downturn with Pierre Blanchet, head of investment intelligence at Amundi, Patrick Honohan, former governor of the Central Bank of Ireland, and Barnabás Virág, executive director of the directorate for monetary policy and economic analysis at Magyar Nemzeti Bank.
Watch the full video.
