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UrduBuoyed by an expected steady decline in inflation, an economic forecast from the Indiana University Kelley School of Business is optimistic in projecting that the economy will slow modestly in the first half of 2024 and then reaccelerate in the second half of the year.
Tag: Interest Rates
MSU expert: Higher interest rates could harm low-income nations
The Federal Reserve has increased interest rates and may curb inflation in the United States. However, for other countries, particularly developing nations, higher interest rates may create financial risks. Cristina Bodea, professor of political science at Michigan State University, shares expert insight on what this could mean.
Could Changes in Fed’s Interest Rates Affect Pollution and the Environment?
Can monetary policy such as the United States Federal Reserve raising interest rates affect the environment? According to a new study, it can. Results suggest that the impact of monetary policy on pollution is basically domestic: a monetary contraction or reduction in a region reduces its own emissions, but this does not seem to spread out to other economies. However, the findings do not imply that the international economy is irrelevant to determining one region’s emissions level.
US Housing: Smith Expert Breaks Down the Gloomy Forecast
Clouds are on the horizon for U.S. housing, says UMD Smith’s Clifford Rossi. He examines key variables to determine whether “we’re looking at a Cat 5 hurricane or merely a steady rain.” He says anticipate the latter.
October jobs report: Growth likely, but threats come with Fed interest increases
On Friday, the U.S. Bureau of Labor Statistics will release employment figures for the month of October. The following Cornell University experts are available for interviews. Erica Groshen, senior economics advisor, is a labor statistics expert. She was also the…
Cornell economist available on anticipated Fed rate hike
With the Federal Reserve expected to raise rates three-quarters of a point again this coming Wednesday, Robert Hockett, expert in financial and monetary law and economics at Cornell University, is available for interviews. Hockett says: “Corporate profit growth rates, now…
WVU researchers see inflation hitting some businesses harder than others
As inflation surpasses 9% and investors brace for the possibility that the Federal Reserve will raise interest rates a full percentage point, two West Virginia University economists point out that the pain is not created equal, with the economic tailspin…
Black Households Suffer the Most from Rising Inflation Rates
Black households in the U.S. faced higher and more volatile inflation compared to white households from 2004 to 2020, reveals new research from the University of California San Diego’s School of Global Policy and Strategy.
Fed tapering could spur investment, increase labor demand
On Nov. 3, the Federal Reserve announced it would begin reducing the pace of its monthly bond purchases, a step toward more normal monetary policy. Erica Groshen is senior economics advisor at the Cornell University School of Industrial and Labor Relations,…