Economy
Latest
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The G-20 Summit and Beyond
Read moreAs the G-20 Summit gets underway in Pittsburgh, what should we hope to hear from the G-20 leaders? That they are prepared to continue supporting...
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Fed's Monetary Policy Committee Sees Improvement; Policies Stay Unchanged
Read moreFollowing its two day meeting yesterday and today, the Fed’s monetary policy setting body (the Federal Open Market Committee or FOMC) released its...
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Fiscal Roadmap: "Deficit Reduction: Lessons From Around the World"
Read moreThe U.S. economy appears to be gradually recovering, and positive growth is expected now and for the rest of the year. Looking ahead, however, U.S...
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Can Deficits Fix the Economy?
Read moreBy Maya MacGuineas Last night I attended a curtain raiser dinner for today’s Dealing with America’s Debt Overhang event, hosted by New America...
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Fiscal Failures Hurt U.S. Competitiveness
Read moreUPDATE: See New American Contract's response to our post. They argue there may be trade-offs between improving the fiscal situation and strengthening...
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The Economy: Expectations and Reality Check
Read moreAugust 14 - Real GDP fell by 6.4 percent and then 1.0 percent in the first two quarters of the year. As of the second quarter, real growth was 4...
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FOMC Leaves Stance Unchanged
Read moreAugust 12 - The key Fed policymaking body, the Federal Open Market Committee (FOMC), released its statement today following its regularly scheduled...
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Second Quarter U.S. GDP and the Stimulus Package
Read moreJuly 31 - U.S. real GDP declined by 1.0% (annual rate) in the second quarter, the fourth straight quarterly drop, according to today's report by the...
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Fed Chairman Bernanke Reports to Congress
Read moreJuly 21 - Federal Reserve Board Chairman presented his twice a year monetary policy testimony and the Fed's semi-annual monetary policy report to...
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NEC Director Summers at Peterson Institute
Read moreJuly 17 - President Obama's chief economic adviser Lawrence Summers spoke today to the Peterson Institute for International Economics on "Rescuing and...
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Cross Currents in the Economy and Financial System
Read moreJuly 16 - Cross currents in the U.S. economy are particularly evident today and illustrate why it is so difficult to figure out where the economy is...
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Blue Chip Consensus: Weak Recovery Underway
Read moreJuly 12 - Recent consumer confidence, spending and labor market data have raised questions about whether the economy is losing momentum, and these...