Boston Federal Reserve President: 'Solve The Public Health Problem To Solve The Economic Problem'
More than six million Americans filed for unemployment last week, in addition to the three million people that had done so the week before, demonstrating the severity of the economic losses wrought by the coronavirus pandemic in less than a month. While Congress has passed a $2 trillion stimulus package, and the Federal Bank has stepped in to lower interest rates to help cushion the blow to Americans, it is clear to market forecasters that the financial impact of the deadly and contagious virus will be significant and widespread. To discuss, Jim Braude was joined by president of the Boston Federal Reserve Bank, Eric Rosengren.
A Looming Recession Puts A Freeze On Nonprofit Donations And Fundraising
As millions of Americans file for unemployment and large-scale events like fundraisers are canceled all over the country due to coronavirus, non-profit organizations are bracing for a tough financial future. To discuss, Jim Braude was joined by Bryan Rafanelli, who has produced events for Chelsea Clinton and former President Obama as well as a long list of non-profits, including UNICEF, the American Red Cross, and the Boys & Girls Club of Boston.
Campus Shutdowns Create New Burdens For First-Generation College Students
When colleges across the U.S. closed their campuses and sent students home to slow the spread of coronavirus, it introduced new challenges for students who were the first in their family to go to college. Liz Neisloss talks to first-generation college students at Boston College to hear what it’s been like for them.
