by Bruce Yandle In recent days, the inflation indicators have stubbornly signaled that a high tide of prices is still soaking us consumers. Growing at a 3.5% annual rate in […]
Tag: federal reserve
Coming rate cuts portend a 1980s-style economic resurgence
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 they good news […]
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 the board and […]
Food inflation is a hardship outside the Fed’s control
by Claudia Sahm It’s nearly impossible to have a conversation about inflation without mentioning food prices. And no wonder, as they are up 24% since the start of the pandemic […]
Despite political pressure, the Fed should hold firm
Two essential questions are facing the U.S. economy right now: whether the Federal Reserve’s next change in its policy rate will be a cut or an increase, and whether the […]
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 Wednesday held steady […]
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 banks that just […]
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 questions about the […]
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 supporting facts below […]
Federal Reserve is right to suggest slowing rate hikes
Economies are not known for being simple things to untangle. Unlike in the physical sciences, where if you do enough calculations, you can shoot a projectile into an asteroid moving […]
