require

Its effects were exacerbated by the UC Board of Regents move in May 2020 to stop requiring the SAT in the name of making admissions more equitable and improving “educational quality.”

The shortage particularly strains programs that require one-on-one support, such as tutoring.

The initiative, described as the largest marshaling of federal scientific resources since Apollo, will require significant computing power.

Target-date funds — and other investors similarly pursuing autopilot portfolios — were required to flood the market with safe Treasury bonds so they could buy stocks.

The decision to cut rates or pause rates next month requires “a judgment call about where the risks of not moving are, and where the risks of moving are,” she said.