Did This Dem Economist Figure Out Why Biden’s Poll Numbers Are So Low?
Did This Dem Economist Figure Out Why Biden’s Poll Numbers Are So Low? Will Kessler on March 21, 2024 Democrat economist Lawrence Summers released a paper in February that could help explain…
‘What People Feel And Know’: Legendary Economist Explains Why Corporate Media Is Misreading Voters’ Views On Economy
‘What People Feel And Know’: Legendary Economist Explains Why Corporate Media Is Misreading Voters’ Views On Economy Harold Hutchison on December 27, 2023 Economist Art Laffer said on Wednesday that corporate media…
‘Almost Laughable’: Economist Pours Cold Water On Biden’s Attempt To Blame The Media For Economic Pessimism
‘Almost Laughable’: Economist Pours Cold Water On Biden’s Attempt To Blame The Media For Economic Pessimism Harold Hutchison on December 26, 2023 Conservative economist Steve Moore called President Joe Biden’s attempts to…
World Bank economist warns high interest rates will likely last longer
WASHINGTON (Reuters) – World Bank chief economist Indermit Gill on Wednesday said past experience showed that interest rates may stop going up, but they are unlikely to come down “anytime soon,” which…
BOJ seen ending negative rates in April, keep hiking next year – ex-central bank economist
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan is expected to end its negative interest rate policy in April and keep raising short-term borrowing costs next year…
‘A Disconcerting Picture’: Reagan Economist Says Latest Jobs Numbers Spell Trouble For Economy
‘A Disconcerting Picture’: Reagan Economist Says Latest Jobs Numbers Spell Trouble For Economy Harold Hutchison on November 3, 2023 Former Reagan administration official Art Laffer said Friday that the latest jobs numbers…
ECB ‘quite some distance’ from rate cuts -ECB chief economist
FRANKFURT (Reuters) – The European Central Bank will need some time, possibly until next spring, before it can be confident that inflation is returning to its 2% target, ECB chief economist Philip…
IMF’s chief economist urges Italy to toughen budget plans -media
ROME (Reuters) – The International Monetary Fund wants Italy to make its 2024 budget framework more stringent, as tax cut plans made the Fund “a bit worried”, its chief economist, Pierre-Olivier Gourinchas,…
Rising Asia debt levels could temper growth -World Bank chief economist
By Andrea Shalal MARRAKECH, Morocco (Reuters) – Rising debt levels among “seemingly healthy” countries in Asia could drag growth in the region below currently forecast levels, World Bank Chief Economist Indermit Gill…
ECB chief economist says easing inflation welcome but must continue -report
(Reuters) – European Central Bank Chief Economist Philip Lane expressed cautious optimism that inflation was slowing in an interview with an Irish business publication, but said a lot more data was needed…
U.S. economist withdraws from top EU antitrust post after French backlash
By Foo Yun Chee and Benoit Van Overstraeten BRUSSELS (Reuters) – A U.S. economist chosen for a senior European Union antitrust job pulled out on Wednesday after her appointment triggered criticism from…
S&P Global’s top economist sees dollar dominance diminishing
LONDON (Reuters) – The dollar’s grip as the dominant global currency is loosening, credit rating agency S&P Global’s top economist said on Tuesday. Aggressive U.S. sanctions such as last year’s freezing of…
Westpac hires RBA assistant gov Luci Ellis as chief economist
SYDNEY (Reuters) – Australia’s central bank is set to lose a top official to the private sector amid a broader shake-up that could soon see its chief replaced. Westpac announced on Monday…
US Senate confirms Bernstein as top White House economist
WASHINGTON (Reuters) – The U.S. Senate on Tuesday confirmed Jared Bernstein as chairman of the Council of Economic Advisers (CEA) in a 50-49 vote, elevating a longtime adviser to President Joe Biden…
African economies debt outlook remains “cloudy” – World Bank economist
By Kopano Gumbi and Rachel Savage JOHANNESBURG (Reuters) – The outlook for Africa’s debt sustainability remains “cloudy” as low growth and high inflation challenge the stability of many economies across the continent,…
IMF still concerned by banking sector wobbles – chief economist
PARIS (Reuters) – The International Monetary Fund remains concerned about recent turbulence in the banking sector despite actions by the U.S. and Swiss authorities to deal with troubled banks on their watch,…
Credit Suisse economist Zoltan Pozsar leaves the bank – WSJ
(Reuters) – Zoltan Pozsar, a widely followed Credit Suisse markets guru, has left the bank, part of an exodus of staff that started in the months before the lender’s shotgun takeover by…
China wants weaker US dollar as reserve currency, says Biden economist nominee
WASHINGTON (Reuters) – There was “some evidence” that China wants the dollar to weaken as the international reserve currency, said a White House nominee for a top economist position on Tuesday, and…
IMF chief economist: stability risks should not deter central bank inflation fight
WASHINGTON (Reuters) – Central banks should not halt their fight against inflation because of financial stability risks, which look “very much contained,” International Monetary Fund chief economist Pierre-Olivier Gourinchas told Reuters. The…
LatAm growth threatened if financial turbulence spreads -IDB chief economist
By Milagro Vallecillos PANAMA CITY (Reuters) – Latin America could see zero economic growth this year if the banking crisis in the U.S. and Europe “spreads across the world,” Inter-American Development Bank…
‘No Sign Of Falling’: Obama Economist Sounds Alarm On Stubborn Inflation
‘No Sign Of Falling’: Obama Economist Sounds Alarm On Stubborn Inflation John Hugh DeMastri on March 14, 2023 Core inflation, which economists consider a leading indicator of future trends in inflation, is…
No all-clear yet for European banks after SVB collapse – German economist
BERLIN (Reuters) – European banks are not completely in the clear after the collapse of Silicon Valley Bank and Signature Bank even though they do not face a systemic risk, the president…
Columbia University names economist Nemat Shafik as first woman president
By Kanishka Singh WASHINGTON (Reuters) – Columbia University named former Bank of England Deputy Governor and current London School of Economics President Nemat “Minouche” Shafik as its president, marking the first time…
India’s FY24 growth to dip to 5.5% from 6.8% in FY23 – HSBC economist
MUMBAI (Reuters) – India’s economy is expected to grow 5.5% in the next financial year, a notch below the expected potential rate of 6%, as growth momentum in the country was slowing…
ECB needs more rate hikes but inflation close to peak, chief economist says
FRANKFURT (Reuters) – The European Central Bank will have to raise interest rates several more times to tame price pressures, even if headline inflation is now close to its peak, ECB chief…
The Housing Market Is About To Fall Off A Cliff, Economist Says
The Housing Market Is About To Fall Off A Cliff, Economist Says John Hugh DeMastri on October 25, 2022 The price of residential homes could fall by as much as 20% next…
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