Learning
"Let's start at the beginning" ... Federal Reserve Post About Lessons Learned on Normalizing Monetary Policy: "Additional insight that only experience can bring"
"So, it should not have been a surprise that the policy rate would rise fast in 2022. Rate hikes would need to be larger and more frequent, relative to the 2015-2018 tightening pace, to get back to neutral. Looking back, should the Committee have signaled a steeper rate path once the liftoff criteria had been met? Perhaps another lesson is that giving forward guidance about liftoff should also include forward guidance about the possible path of the policy rate after liftoff." more »
Images of Screwdrivers, Lockpicks, Business Cards, Surgical Gloves, a Room Key for the Watergate, the Now-infamous ChapStick Microphone: Watergate Trial Records Digitized Ahead of Scandal’s 50th Anniversary
For the first time since the Watergate scandal broke nearly 50 years ago, the paper records, exhibits, and artifacts from the United States v. G. Gordon Liddy trial are digitized and available to view in the National Archives Catalog. A new website serves as a portal to browse the newly digitized records as the country marks the 50th anniversary of the break-in on June 17, 1972, an event that rocked the U.S. political landscape and led to the resignation of President Richard Nixon. Among the records are images of screwdrivers, lockpicks, business cards, surgical gloves, a room key for the Watergate, and the now-infamous ChapStick microphone. more »
*GAO Report on Pandemic Learning: Less Academic Progress Overall, Student and Teacher Strain, and Implications for the Future GAO-22-105816 Published: Jun 08, 2022. Publicly Released: Jun 08, 2022
"Compared to a typical school year, teachers reported that more of their students started the 2020-21 school year behind and made less academic progress, according to GAO's generalizable survey of K-12 public school teachers. Teachers also reported that many students ended the year behind grade level expectations (see figure). Educators and parents also shared their insights and experiences about student struggles and learning loss during the year." more »
Prime Minister of Canada Justin Trudeau: Further Strengthening Our Gun Control Laws
"Keeping Canadians safe is the Government of Canada’s top priority. We know that one Canadian killed by gun violence is one too many, which is why, two years ago, we banned over 1,500 types of military-style assault firearms. We also strengthened our gun control laws to expand background checks and keep firearms out of the wrong hands. These measures are helping to keep our children and communities safe." The Prime Minister, Justin Trudeau ... announced the introduction of new legislation to further strengthen gun control in Canada and keep Canadians safe from gun violence. more »
