Nearly 300 attendees heard panelists discuss women’s reproductive health and share their first-person stories about the challenges of integrating basic and clinical research to improve patient care. They emphasized the need for a multi-faceted approach in meeting the needs of endometriosis patients and why excision surgery “is not the answer.” The panel discussion was part of a series of gatherings on the MIT campus that included a Stand Up and Be Counted (for Women’s Health) rally and the Below the Belt film screening. The panel of expert clinicians, scientists, and patients from the MIT community discussed the film after watching an advance screening in Fall 2022. If you watched it or plan to, be sure to watch expert reactions to the film on this Women’s Health panel discussion video. "So ultimately, I think this is a good thing for market sentiment.The endometriosis documentary Below The Belt premiered nationally on June 21, 2023, on PBS. "Now, Credit Suisse has the clout of (the) Swiss National Bank covering its back, which is a central bank that doesn't mess around in the time of crisis," Matt Simpson, senior market analyst at forex trading platform City Index, told the Reuters news agency. Some analysts saw it as a sign that the market's mood was improving somewhat, hours before the ECB interest rate announcement. The euro was up 0.4%, after losing 1.4% a day earlier - the biggest change in six months. The euro and the Swiss franc regained some lost ground on Thursday on news that Credit Suisse would borrow up to 50 billion Swiss francs (€50.7 billion, $54 billion) from the country's central bank. The ECB's rates for commercial lenders are far lower than those paid by typical consumers or businesses for mortgages or loans, but they nevertheless tend to have a direct impact on these rates. Still, the figures mark a pronounced deceleration from the 9.2% inflation in the eurozone in 2022. At the same time, underlying price pressures remain strong. The euro area banking sector is resilient, with strong capital and liquidity positions."įurthermore, it claimed, "The ECB’s policy toolkit is fully equipped to provide liquidity support to the euro area financial system if needed and to preserve the smooth transmission of monetary policy."ĮCB staff now see inflation averaging 5.3% in 2023, 2.9% in 2024 and 2.1% in 2025. Lagarde said the bank's approach showed that it was "addressing the price stability issue," noting that the move is "what we had intended, and because inflation is projected to remain way above our target and for too long."Ī statement released by the ECB Thursday said: "The Governing Council is monitoring current market tensions closely and stands ready to respond as necessary to preserve price stability and financial stability in the euro area. Speaking to reporters after the meeting, ECB President Christine Lagarde said there had been "no tradeoff" between price and financial stability, after the rate hike. Where does this leave eurozone interest rates? The increase puts the ECB and the eurozone's base interest rate - the amount of interest charged to commercial lenders for borrowing money - at 3.5% The so-called deposit facility - the amount banks receive for capital deposited with the ECB - will rise to 3.0%. But the move went ahead as planned soon after 2 p.m. This situation has sparked fear of global financial turmoil and speculation that the ECB might alter or even abandon its planned rate increase. The meeting comes a week after the collapse of SVP and news that Credit Suisse in Europe is also facing major difficulties. Policymakers at the European Central Bank (ECB) announced Thursday that they would go through with a planned 0.5% interest rate hike as the institution juggles both inflation and financial uncertainty amid turmoil that has gripped financial markets after the recent collapse of the Silicon Valley Bank (SVB) in the US.
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