Michelle W. Bowman:"Many central banks are facing challenging and uncertain times as they strive to restore price stability and promote financial stability. A stable and resilient financial system is essential for the effective transmission of monetary policy and for a healthy economy. Healthy economies foster financial stability and financial stability fosters healthy economies. It is essential that central banks facing high inflation bring inflation back to target. A failure to do so would only lead to greater financial stability risks through less certain and unstable economic conditions and through reduced central bank credibility. It is, therefore, necessary that central banks, in collaboration with other financial regulators as appropriate, develop and use supervisory and prudential regulatory tools to promote financial stability." more »

"A group of international scientists have mapped the genetic, cellular, and structural makeup of the human brain and the nonhuman primate brain. This understanding of brain structure, achieved by funding through the National Institutes of Health’s Brain Research Through Advancing Innovative Neurotechnologies® Initiative, or The BRAIN Initiative®, allows for a deeper knowledge of the cellular basis of brain function and dysfunction, helping pave the way for a new generation of precision therapeutics for people with mental disorders and other disorders of the brain."   more »

Ferida Wolff Writes: We were out for the afternoon on a hot, late summer day, walking through the woods at the John Heinz National Wildlife Refuge in Philadelphia. We came upon the lake where flowers were blooming and greens were flourishing. I assumed that there would be fish swimming around as there were signs saying No Fishing, but I didn’t see any. Was it too hot for them to peek out of the cool water? There were some logs among the plants in the water. And there, on top of the wood, were turtles! more »

"To fulfill the promise of President Biden’s Investing in America agenda and to rebuild the nation’s economy from the middle out and the bottom up, we can’t afford to leave any talent untapped,” said Acting Secretary of Labor Julie Su. “Today, we announced grants that will support organizations that are training women for good-paying jobs — including union jobs — while ensuring an equitable workforce development system that helps to provide a talent pipeline for employers in critical sectors." This is the department’s largest award of WANTO grants, a 47 percent increase from 2022. more »