The US central bank said surging inflation is guiding its decision about when to lift interest rates. Two experts on financial markets explain what might happen next.
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Articles on US economy
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The rising cost of groceries and gas is fueling the fastest increase in consumer prices in 40 years and widening the inflation gap between the rich and poor.
The job market continued to improve in December, but a stagnating labor pool will pose more challenges for employers in 2022.
The US economy ended 2021 with a lot of uncertainty and serious problems, such as inflation. How will economists know if things are improving in 2022?
Republicans and a few Democrats say the Build Back Better plan would increase the already fast pace of inflation.
The narrative of the Great Resignation is that workers hate their jobs and are desperate to quit. The data tells a somewhat different story.
Millions of Americans struggle to pay their bills each month, despite earning wages well above the federal poverty line and holding multiple jobs.
October’s employment report was rosy, with more than 500,000 jobs added in the month. There were also signs that the American workforce was heading back to the old normal.
The Federal Reserve decided to slow its pace of bond-buying, potentially the beginning of the end of a program that’s been supporting the economy since March 2020.
An economist explains why defaulting on the national debt would result in economic crisis.
Job creation might well have slowed, but a deeper dive into employment data suggests the picture is actually pretty rosy.
Joe Biden seems to have little appetite for closer economic ties.
Much of the US has been experiencing heat waves in recent weeks. An economist explains how the often record-high temperatures can affect the economy.
A handful of banks now dominate the US financial sector. This consolidation has resulted in higher costs for consumers and small businesses and put the economy at greater risk of a financial crisis.
An economist explains what a recession is, who decides and why it took so long to learn that the COVID-19 downturn was officially over.
The average price of US goods and services surged in April, leading some to worry the economy is beginning to experience dangerously high levels of inflation. A scholar explains why that’s unlikely.
The federal government spends about US$2,500 a year on child care and early education per child under 5, about half of the European average.
Whether the next pandemic bailout bill is called relief or stimulus depends on what ails the US economy – and maybe it doesn’t matter at all.
With fewer funds to fall back on, minority-owned enterprises have struggled in the recession. To make things worse, many are in sectors that have been badly hit by lockdowns.
Biden proposed $1.9 trillion in new coronavirus relief spending to help with the economic fallout of COVID-19. Four economists have a few ideas for him.
Top contributors
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Associate Professor of Markets, Public Policy and Law, Boston University
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Part-Time Professor of Economics, The New School
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Professor of Economics, UNSW Sydney
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Associate Professor of International Relations, Australian National University
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Associate Professor of Finance, Mississippi State University
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Professor of Economics, University of Nebraska Omaha
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Associate Professor of Political Science, Georgia State University
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Visiting Faculty in Economics, Emory University
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Associate Professor of Economics, University of South Carolina
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Associate Professor of Economics, Pace University
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Assistant Professor of Economics, University of California, Merced
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Professor of Management, Co-Director of the MIT Sloan Institute for Work and Employment Research, MIT Sloan School of Management
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Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne
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Assistant Professor, Miller Center, University of Virginia, and US Studies Centre, University of Sydney
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Associate Professor of Economics, Lehigh University
