Economic policy

Inflation Fears, Economic Policy, and the Future of the United States – OpEd – Eurasia Review

By Mark Weisbrot* Larry Summers says he’s worried about the US economy, even more so than he was when he started sounding the alarm bells in February. The famous economist and former US Treasury Secretary noted last week, “the concern right now should be overheating”. He is not talking about the climate, but about the […]

Economic system

Our economic system is rigged to push money upstream so the rich get richer while the poor suffer – Darren McGarvey

The super-rich are stalking us at this point. In January, it was revealed that the combined wealth of the world’s 10 richest men had increased by $540bn (£400bn) during the pandemic. This is an almost impossible sum to comprehend. It is precisely because our intuitions are so unreliable regarding the magnitude of this wealth that […]

Economic research

Federal Open Markets Committee – Realtor.com Economic Research

What the March Fed statement says: With inflation concerns in the background, today’s Federal Open Market Committee announced the first increase in the federal funds rate, to a range of ¼ to ½ percent. Today’s rise comes nearly two years to the day after the Fed cut rates to zero and began its final purchases […]

Economic research

The Federal Reserve maintains a dovish stance in July

Today’s announcement from the Federal Open Market Committee was in line with expectations and did not create the waves that its June release did when the committee provided updated economic projections that showed stronger economic growth and faster-than-expected rate hikes. The FOMC pointed out that economic data continues to show a steady recovery, even as […]

Economic research

housing finance – Realtor.com Economic Research

What the March Fed statement says: With inflation concerns in the background, today’s Federal Open Market Committee announced the first increase in the federal funds rate, to a range of ¼ to ½ percent. Today’s rise comes nearly two years to the day after the Fed cut rates to zero and began its final purchases […]

Economic research

National Bureau of Economic Research: US Covid-19 Recession Officially Ended April 2020

In case anyone was starting to get worried, the US economy officially emerged from the worst recession in history in April 2020, marking the shortest contraction on record. From February 2020, the US economy collapsed in the worst period of contraction since World War II, which saw GDP levels plunge 31.4% in the second quarter. […]

Economic policy

President Biden touts economic policy for the ‘long term’ as his agenda is put to the test this week on Capitol Hill

A day before marking six months in office, President Biden delivered remarks on the economy Monday at the White House amid pressure for a bipartisan infrastructure package and other elements of the president’s economic agenda heats up on Capitol Hill. The president urged lawmakers to move forward with the spending proposals, arguing that the plans […]

Economic policy

Economic policy expert explains seniors’ aversions to reverse mortgages and extra debt

Reverse mortgages can potentially be powerful tools for seniors to help with goals related to funding retirement or aging in place, but many seniors are reluctant to take on additional debt later in life. This can either be because they have just spent a lot of time and money paying off an existing term mortgage […]

Economic policy

Good economic policy is about more than inflation

Last year at this time we were in the depths of a global crisis. A mysterious disease was sweeping the world and governments shut down economies in an attempt to stop the spread. Rightly or wrongly, these closures have ended our lives and our livelihoods. The unemployment rate in the United States reached nearly 15%and […]

Economic policy

Rene Gayle | Rethinking tax incentives as an economic policy tool – Part II | Remark

Leaders of GLOBAL FINANCE from the Group of the 7 Richest Nationals recently agreed to approve a minimum global corporate tax rate of 15%. The first part of this article examined the resulting wave of global concern about the likely impact of this historic decision, particularly on developing countries, such as Jamaica, which have grown […]

Economic policy

Reviews | The need for a green economic policy

Carbon dividends and investments in green technologies will give us a CO2 advantage. Jeff Sigmund A group of people pose for their portraits and to show their signs Wednesday, March 31, 2021. Iowa Citizens for Community Change held the rally on the Riverside Dr. If the government ultimately wants to mitigate the impacts of climate […]

Economic policy

An economic policy expert explains how home equity could help in retirement

Finding a path to a secure retirement is becoming an increasingly tricky prospect for many retired or near-retirement Americans, and is the subject of accelerated academic scrutiny to help determine people’s pathways. aging – and the demographic changes that will increase this population in the future – to solidify a secure retirement. To that end, […]

Economic policy

Raisi’s proposed economic policy plan for Iran doesn’t make sense

Raisi’s proposed economic policy plan for Iran doesn’t make sense Through Ebad Ebadi Iran’s June 18 election, in which judiciary chief Ebrahim Raisi was chosen as president, had the lowest turn out since the 1979 revolution. The biggest challenge Raisi will face in his first term is the country’s growing economic problems. After the US […]

Economic system

The majority of young Britons want a socialist economic system

A majority of young Britons would like to live in a socialist economic system, according to new research. Millennials reject capitalism and firmly blame the climate change crises on the housing on their doorstep. They believe that socialism, on the other hand, is a good idea that has simply been badly done in the past. […]