While the new year has gotten off to a difficult start, it should end well.
The pandemic will be fading by mid-year and unprecedented monetary accommodation and fiscal support augur well. Yet, there are considerable threats to this optimism and substantial longer-term fallout from the pandemic. In this webinar, we will weigh these cross-currents. Join Mark Zandi and the Moody’s Analytics team for this timely analysis.
U.S. supply-chain stress has intensified because of China's zero-COVID tolerance policy, and this could limit, but not eliminate, the disinflation in U.S. goods prices over the next couple of months.
The Federal Reserve is not going to abandon its plan to aggressively remove monetary policy accommodation even if inflation has peaked.
As many of us learned in Principles of Macroeconomics, the Federal Reserve aggressively tightened monetary policy to tame inflation in the late 1970s and early 80s.
Global supply chains have been badly scrambled since just after the COVID-19 pandemic struck more than two years ago.
Fannie Mae and Freddie Mac were created by Congress to provide a liquid secondary mortgage market to broaden access to homeownership.
The U.S. economy is flying through the different phases of the business cycle; we recently moved the economy from the recovery to expansion phase of the business cycle.
One link between the Russian invasion of Ukraine and the global economy is through financial market conditions.
The U.S. and global economies have recovered surprisingly quickly from the debilitating COVID-19 pandemic.
We traditionally think of inflation becoming pernicious when there is widespread belief that it will remain high and workers will demand bigger wage increases to compensate.
The Federal Open Market Committee was crafty with the January post-meeting statement.