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 […]
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 the board and […]
‘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 a nascent surge […]
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 […]
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 concern about commercial […]
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 […]
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 a “brutal” recession, […]
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 problems, doubling and […]
