Or, on reading “Blake Masters, a G.O.P. Senate Candidate, Links Fed Diversity to Economic Woes”:
Category Archives: Federal Reserve
Guest Contribution: “The Fed Fell Behind the Curve by Not Following its Own Policy Rules”
Today, we present a guest post written by David Papell and Ruxandra Prodan, Professor and Instructional Associate Professor of Economics at the University of Houston.
One Year Treasurys and One Year Forwards
Interest rates still expected to rise, but at slower pace:
Miscalculating potential GDP
How did the Fed get this so wrong?
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Update on sanctions, oil prices, and recession
I gave an updated talk on this topic for the Better Policy Project yesterday. Slides available at
this link, video link below.
“Prosperity: Crises, Debt & the Future of American Economic Policy”
That’s the name of the economic session at the La Follette Forum on American Power, Prosperity and Democracy. A video of this panel is available through Youtube. Here are some recounting and thoughts on the panel discussion.
Guest Contribution: “The Fed Needs at Least Four More 50 Basis Point Rate Increases in 2022 to Get Back on Track”
Today, we present a guest post written by David Papell and Ruxandra Prodan, Professor and Instructional Associate Professor of Economics at the University of Houston.
Why did U.S. real GDP fall?
The Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP fell at a 1.4% annual rate in the first quarter. What does this portend?
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Sanctions, energy prices, and the world economy
Oil sanctions and recession
After a wild ride up to $130 a barrel, the price of oil has come back down to its level from before Russia invaded Ukraine. Russian oil may be finding buyers despite the sanctions, and U.S. production continues to recover. But the situation remains very uncertain, and a big disruption in the quantity of Russian oil that reaches world refineries is a very significant possibility. In my previous post, I examined the causes of the run-up in the price of oil that had already occurred before the invasion and discussed the implications for U.S. inflation. Today I comment on the possible implications of further supply disruptions for U.S. real GDP.
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