This article appears in the February 2024 issue of The American Prospect magazine. Subscribe here. Back in early 2021, as President Biden’s $1.9 trillion American Rescue Plan was being drawn up, ...
ZAGREB, Feb 10 (Reuters) - The European Central Bank needs to keep raising rates beyond March and must hold them at high levels for a while even as inflation falls and this "sacrifice" becomes more ...
A recent Bloomberg story raises hope that the Federal Reserve can tame inflation without causing a recession. While there is always a chance that the Fed could engineer a soft landing, before ...
Ordinary reality doesn’t change depending on whether you believe in it or not, as Neil deGrasse Tyson, the astrophysicist and science educator, likes to observe. But ordinary reality isn’t the world ...
This paper explores the macroeconomic implications of lowering the inflation target in an Emerging Market such as South Africa using the IMF’s Global Integrated Monetary and Fiscal model (GIMF). Model ...
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