Imagine a high-wire act performed without a net. That describes the Federal Reserve’s effort to curb inflation without crashing the economy. Success will bring applause and relief; failure, a brief downturn, at best, with a prolonged recession the worst case outcome.Read More
The old year has ended. (We stayed awake past midnight on New Year’s Eve, just to be sure.) Looking ahead, we’ve compiled an assortment of predictions for those who prefer not to rely on their own crystal balls to anticipate what the coming year will bring.
It’s not surprising that reports of the impressive – actually, astounding – increase in the nation’s third quarter growth rate were drowned out by the pre-and post-election noise.
Controlling the virus and boosting the economy aren’t mutually exclusive, economists and health care experts agree; but they are mutually difficiult.
If home sales alone were an indicator of economic health, you might conclude that the economy has rebounded smartly from the pandemic-induced recession and is on a path for steady growth.