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Lots More on the Big Problem With the Monthly Jobs Report
We've been in a strange labor market for a while now. The unemployment rate is still nice and low at 4.2%. But the pace of job creation has been slow…
7 months ago
What's Behind the Boom in Buy Now Pay Later
Buy Now Pay Later is everywhere nowadays. Companies like Affirm, Afterpay, and Klarna have brought installment payments into everyday life, while big…
7 months ago
Dan Wang on China's Breakneck Economic Growth
In the past couple of years, the world has fully awoken to the incredible economic and technological growth exhibited by China. But what lessons are …
7 months, 1 week ago
Big Take: Taylor Swift Wedding Predictions Are the Hottest New Trade
Gamblers on prediction sites like Polymarket and Kalshi are already trying to cash in on Taylor Swift and Travis Kelce’s engagement — betting on ever…
7 months, 1 week ago
Emi Nakamura on Central Bank Credibility and the Taylor Rule
The post-Covid inflation will prove to be a treasure trove for academic economists, as they study what drives inflation, and the power that central b…
7 months, 1 week ago
Liz Truss on the 'Doom Loop' Engulfing the UK Economy
These days, everyone is talking about high interest rates across the rich, developed world, while warning of eventual fiscal disaster. But we may hav…
7 months, 1 week ago
Lev Menand on Trump's Attempt to Fire the Fed's Lisa Cook
Criticism and threats to Federal Reserve independence have been building for some time in this administration. But it was taken to a new height on Au…
7 months, 1 week ago
Adam Posen on a Surreal Jackson Hole in a Post-American World
The annual Jackson Hole symposium is, formally speaking, an academic conference. Economists and central bankers gather to discuss the most important,…
7 months, 2 weeks ago
Tom Barkin on Why Central Banking Is on Hard Mode Now
According to Richmond Federal Reserve Bank President Tom Barkin, much of the time central banking is straightforward. Sometimes it's clear that rate …
7 months, 2 weeks ago
Why Austan Goolsbee Is Still Concerned About Inflation
Chicago Fed President Austan Goolsbee is still more concerned about the inflation side of the Fed's mandate than he is about the employment side. Thi…
7 months, 2 weeks ago