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There would be an elegant justice in transferring Moscow's frozen central bank assets to the nation ravaged by Vladimir Putin's invasion. → Read More
On inflation, the Fed has its credibility back. Here's what to do next. → Read More
The Fed can't waver on Job 1, but other policymakers need to do their part, too. → Read More
Global finance ministers need to act now in three key areas to prepare the groundwork for a coming global slowdown. → Read More
History is not on the side of those who forecast a soft landing for the economy. → Read More
The central absurdity in the Fed forecast is the idea that a super-tight labor market will somehow coincide with rapidly slowing inflation. → Read More
Central to fighting inflation is showing that a new paradigm is in place — and so far, the Fed hasn't been willing to do what's needed. → Read More
Policymakers have made clear that curbing inflation is a high priority. That's a good first step. → Read More
Wednesday's change in direction was welcome, but we still don't have a monetary policy that fully meets the moment → Read More
The expected score for Build Back Better's tax-compliance efforts is conservative to the point of implausibility. → Read More
The Fed's and Biden administration's views on rising prices have been overtaken by the facts. → Read More
The tax deal will create a more worker-centered economy. → Read More
The industry’s desire for sympathetic treatment by government would stand on firmer ground if not for its own form of radicalism. → Read More
Financing pandemic prevention is fundamentally not about aid to other nations but collective investments in global public goods that benefit all nations, rich and poor. → Read More
The lessons of Vietnam and Afghanistan are true for economic policy: Sticking to the same approach without considering whether it still makes sense is a recipe for trouble. → Read More
Policy-makers can take satisfaction in how the U.S. economy has weathered the pandemic. But now they need to face the new dangers ahead. → Read More
Larry Summers will now take your questions. → Read More
Going too big on pandemic relief is better than going too small, but lawmakers need to consider the impact on the Biden administration's hopes to "build back better." → Read More
Family incomes are not down much from Covid-19, and there is a risk of overheating the economy. → Read More
There are two solutions that could achieve this. → Read More