by Conor Sen The key economic question for 2024 is how to think about the interest rate cuts we’re likely to get from the Federal Reserve. Are […]
Tag: recession
Fed is right to stay the course on interest rates
Last week, the Federal Reserve did the right thing by leaving well enough alone, keeping the benchmark interest rate at about 5.4%. With the acute pressure that […]
‘Bidenomics’ a doctrine by accident
by Matthew Yglesias A string of positive economic news — slowing inflation, an upward revision in gross domestic product, continued strength in the job market, signs of […]
Federal Reserve pauses interest rate hikes, for now
Powell shows a level of caution that should continue to avoid recession After 10 consecutive interest rate hikes meant to squeeze down inflation, the Federal Reserve last […]
What makes this economic slowdown different from the others?
by Conor Sen We’ve been watching slumps ripple through various parts of the economy over the past 18 months: technology startups and stocks, regional banks and growing […]
The Fed just raised interest rates. Does that mean there is no banking crisis?
by Simon Johnson Do we have a banking crisis in the United States or don’t we? We certainly have some of the symptoms, including two prominent […]
Federal Reserve’s continued rate hikes may be too much for economy
The Federal Reserve shocked no one last Wednesday when it announced another 25-basis-point hike to interest rates. Yet our lack of surprise doesn’t mean a lack of […]
The Fed will cause unnecessary harm and other predictions for 2023
by Mark Weisbrot Here are eight predictions for the coming year in accordance with a hallowed tradition that I have previously not honored. If some of the […]
A moral case for higher interest rates
by Ramesh Ponnuru Federal Reserve Chair Jerome Powell’s efforts to cool down the economy are causing progressive criticism to heat up. He has been accused of wanting […]
It’s the uncertainty, stupid
SCRANTON, Pa. — Ask a restaurant owner how difficult the COVID-19 era has been, and the list of struggles is lengthy — loss of customers, supply chain […]
