Econ Comments & Analysis
WSJ | World Bank to Set Up Global Infrastructure Facility
The World Bank is setting up a global infrastructure facility aimed at channeling funds from member nations and the private sector into projects it hopes will boost jobs and growth in developing countries at a time when their borrowing costs are rising.
Bloomberg | Fed’s Evans Wants to See Inflation Quicken Before QE Taper
Federal Reserve Bank of Chicago President Charles Evans, who has consistently supported record stimulus, said the Fed shouldn’t taper its $85 billion in monthly bond buying until inflation and economic growth pick up.
