economic growth

In a cautionary statement, Stephen I. Miran, the newest appointee to the central bank’s Board of Governors, has expressed concerns that his colleagues may be prioritizing the wrong economic threat. According to Miran, the Federal Reserve’s hesitance to rapidly reduce interest rates could inadvertently steer the economy into a recession....

In a cautionary statement, Stephen I. Miran, the newest member of the Federal Reserve’s Board of Governors, has expressed concerns that his colleagues may be prioritizing the wrong threat. According to Miran, the Fed’s current stance on inflation may be misguided, and a failure to rapidly cut interest rates could...

In a potentially significant shift in its monetary policy strategy, the Federal Reserve is reportedly considering a halt to its reduction of debt and mortgage bond holdings. This move could mark a pivotal moment in the central bank’s efforts to normalize its balance sheet and manage the economy. Since the...

The Federal Reserve’s latest meeting has concluded, and as expected, the central bank has made some significant announcements that are sending ripples through the financial markets. Here are five key takeaways from the Fed meeting: Firstly, interest rates remain unchanged, at least for now. The Fed decided to hold off...

For years, China has been the world’s factory, with countries globally ramping up their imports of Chinese goods to unprecedented levels. However, despite this export-led growth, China’s domestic consumers have been stuck in a prolonged funk, with their spending habits remaining persistently subdued. The question on everyone’s mind is: what...

China’s economy has managed to maintain its stability, but a growing sense of caution among consumers is becoming increasingly evident. The country’s trade surplus widened further in the latest period, but this gain was not enough to completely counterbalance the negative impact of a weakening housing market. As a result,...

The United States of America has long been known for its vibrant economy, innovative spirit, and entrepreneurial drive. But what fuels this machine? According to Andrew Ross Sorkin, speculation is not a flaw in the system, but a vital cog that keeps the American economy humming. In his latest work,...

In a remarkable display of resilience, the current bull market has celebrated its third anniversary, shrugging off a multitude of challenges that would have derailed a lesser rally. Born during the Biden administration, this market upswing has been nothing short of phenomenal, withstanding the pressures of inflation, tariffs, and even...

The International Monetary Fund (IMF) has warned that global economic growth is expected to slow down due to escalating trade tensions and looming tariff threats. According to the IMF, the impact of trade disputes on the global economy has been relatively limited so far, but the outlook remains precarious. In...

The Nobel Prize in Economics has been awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their groundbreaking work on the driving forces behind economic growth. The trio was recognized for their contributions to our understanding of the complex factors that generate and sustain economic growth, a crucial aspect...

The already daunting task of navigating the US economy through uncertain times just got more complicated for Jay Powell, the chairman of the Federal Reserve. As the central bank prepares to make its next move on interest rates, Powell is facing a challenging debate within the Fed’s ranks. On one...