Mike Walden: Will fed actions influence the presidential election?
The last four years have shown the Fed flexing its muscles over the economy.
Read MorePosted by Jodi Leese Glusco | Jan 16, 2024
The last four years have shown the Fed flexing its muscles over the economy.
Read MorePosted by Sarah Glova | Dec 8, 2023
A UNC economist said Friday that he sees job market “stabilization” in the latest US employment data—but he also shared predictions about a “hard landing” for the economy. Take a look at the numbers.
Read MorePosted by WRAL TechWire | Nov 30, 2023
The Federal Reserve’s preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of high interest rates and moderating economic growth. And that’s good news, says N.C. State economist Dr. Mike Walden.
Read MorePosted by WRAL TechWire | Sep 22, 2023
Even as Federal Reserve Chair Jerome Powell reassures the public about the state of the US economy, the organization is quietly laying off workers at its own doorstep.
Read MorePosted by WRAL TechWire | Sep 8, 2023
A UNC economist said Friday that high gas prices could indicate that inflation is still an issue—which might mean that the Federal Reserve will raise interest rates.
Read MorePosted by WRAL TechWire | Jul 27, 2023
“The Fed’s 25 basis point interest rate increase can be viewed as a matter of ‘short term pain for long term gain,’ N.C. State economist Dr. Mike Walden says. “If the Fed’s policy works out, we will see a continued decline in the inflation rate.” That could mean lower interest rates, too.
Read MorePosted by WRAL TechWire | Jun 7, 2023
When an increasingly fractious committee of Federal Reserve policymakers meets next week, Chair Jerome Powell will need to forge a consensus. But what does that mean?
Read MorePosted by Sarah Glova | Jun 2, 2023
The monthly employment report, out today, reported much higher job numbers for May than economists predicted. In a recent webinar hosted by the Kenan Institute, economist Greg Brown reviewed the numbers and what they could mean for federal interest rates.
Read MorePosted by WRAL TechWire | May 22, 2023
US business economists are optimistic that the banking and debt ceiling turmoil won’t turn into full-blown crises; however, a majority of them also believe a recession is still in the cards — although likely starting later than previously thought, according to a new survey released Monday.
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