Paying for the next pandemic, Future of the US economy
Friday 18 September 2020Â Â –Â Â Â Vol.11 Ed.38.5
Commentary: Paying for the next pandemic
By Peter Sedgwick in London
The UK government has borrowed a prodigious amount during the pandemic. Historic surges in borrowing have been associated with wars, after which the ratio of government debt to gross domestic product has come down over decades. This looks the most likely approach after the pandemic. The objective should be to have a budgetary policy that puts the UK in a position to deal with any future crisis.
Read the full commentary on the website.
Meeting:Â Future of the US economy
Tuesday 22 September, 15:00-16:00 BST
It has been a turbulent year for the US economy, with interest rates back at the zero lower bound and the use of policies that were once considered unconventional. Charles Evans, president of the Federal Reserve Bank of Chicago, joins David Marsh for a conversation on the future of the US economy, the new Fed inflation-targeting regime and the path to recovery.
Request to attend the meeting.