US economy is slowing, Yellen doesn’t see recession
Economic growth in the United States is slowing but it is unlikely to drop to a level that will cause a recession, former US Federal Reserve chair Janet Yellen said […]
rates
Fed says to be patient with rates
The Federal Reserve believes US growth will “step down” this year from last year’s rapid pace amid rising global risks, including from tense trade relations, according to minutes released on […]
Fed says it will be patient on rates
The Federal Reserve opted not to raise interest rates during its policy meeting this week and pledged that future moves will be done patiently and with an eye toward how […]
Bank of England: interest rates is the big question
The Bank has already raised expectations of a hike once before, with clear signals that it would make a move in May. However, the hawkish rhetoric was undercut by a […]
Bank of England: it’s not time for rising rate
The Bank of England raised the chances of an August rate rise after its chief economist joined two other members of its rate-setting monetary policy committee voting for an immediate […]
FED: Powell says strong case for further rate hikes
Federal Reserve Chairman Jerome Powell said sturdy U.S. economic growth has built a strong case for continuing to gradually lift interest rates, and he warned against policy complacency now that […]
Rebuilding macroeconomics: an intellectual revolution in the making
The severity of the global financial crisis, and the weakness of the subsequent recovery, triggered much soul-searching among the economics profession. The global economy may finally be escaping from the long shadow of the crisis, but macroeconomics has continued to undergo a major reassessment in light of its apparent failure to predict and explain the crisis.