Tag: spreading

Mid-recovery, coronavirus spreading, global central bankers take stock

By Howard Schneider

WASHINGTON (Reuters) – The world’s top central bankers have opened the taps with trillions of dollars in promised credit to prevent a global pandemic from causing a global economic depression.

On Tuesday they will update their plans in presentations that could begin to signal just how much more they feel they can do in response to a once-in-a-century economic shock triggered by the spread of the coronavirus.

Despite the efforts made so far, the global economy is not out of the woods given the unique risks posed by the health crisis, and top officials from the Federal Reserve, European Central Bank and Bank of Japan are likely to acknowledge as much when they speak Tuesday at a virtual meeting of the National Association for Business Economics.

“We know monetary policy is pedal to the metal,” Chris Varvares, co-head of U.S. economics for IHS Markit’s Macroeconomic Advisers, said

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UW Design student makes spreading joy his business

Jerred Mace describes the W/Joy Project like a fortune cookie for coffee. #k5evening

EDMONDS, Wash. — Every Wednesday in Edmonds, customers at Walnut Street Coffee can walk out with something extra. It’s all part of what they call “With Joy Wednesdays”. 

If you purchase a drink and request a sleeve for the cup, it comes with a small inspiring message attached. 

Jerrod Mace is in his junior year at the University of Washington; and he said he got the idea while hanging out at a coffee shop in Spokane. 

“The barista was writing little notes on the side of the cups and I found that to be a sincere extension of her joy and that was memorable, ” explained Mace.  

Although he was just finishing high school, he launched a two year journey to figure out how to make that experience a possibility for more people. He landed on what

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