How Is the Fed Thinking About Unemployment?
As he guides the financial system through the coronavirus pandemic, Jerome Powell, the chair of the Federal Reserve, has worked to keep cash flowing through...
Tag : Inflation (Economics)
What the Bond Market Is Telling Us About the Biden Economy
What is happening is known as a “steepening of the yield curve,” with long-term rates rising as short-term rates hold still. It tends to presage...
Fed Chair Says Policymakers Should Focus on Full Employment
As some prominent economists fret that the government might overdo its pandemic response and prompt prices to shoot higher, the nation’s top inflation fighter has...
The Clash of Liberal Wonks That Could Shape the Economy, Explained
The problem, he says, is that the plan’s total size reaches a scale that risks major future problems. In particular, the total money being proposed...
Yellen Warns Jobs Will be Slow to Rebound Without Stimulus
The U.S. labor market is stalling and in a “deep hole” that could take years to escape if lawmakers do not quickly pass an aid...
America’s Next Great Economic Experiment: What if We Run It Hot?
“There are pros and cons,” she said. “Running the economy hot might be a good thing, but there also might be a painful adjustment with...
The Most Important Thing Biden Can Learn From the Trump Economy
Macro or micro? On March 18, 2019, a group of Mr. Trump’s economic advisers gathered in the Oval Office to show him the annual “Economic...