Monthly Archives: November 2024
Dallas Fed’s Logan cites neutral rate uncertainty as reason to ‘proceed cautiously’ on rate cut
Lorie Logan, president of Dallas Fed, expressed worry about uncertainty surrounding the exact level of neutral rate of interest and hinted at the risk that the Federal Reserve's policy rate might already near the point which further rate may starts to fuel inflation again
Some Bank of Canada officials worried half point cut might signal economic trouble
Some Bank of Canada officials expressed worries during the last policy meeting that an "unusual" 50-basis-point might be "interpreted as a sign of economic trouble" and led to expectations of further outsized cuts, the meeting deliberations summary shows.
Interviews
US needs large-scale Covid testing urgently: Nobel winning economist Paul Romer
In an exclusive interview with EconReporter on Tuesday, Romer, co-recipient of the 2018 Nobel Prize in Economics Science, urged the US to adopt large-scale testing immediately to halt this most detrimental economic slump ever since the Great Depression in the 1930s.