Recently released data on economic forecasts made by voting and nonvoting members of the FOMC suggest that there is more disagreement than the voting record indicates.
On the plus side, low interest rates can spur spending by businesses and households. But low interest rates discourage saving and encourage people to take more risks when investing.
Rubén Hernández-Murillo, Christopher J. Martinek
A recession, as long as it’s not too deep or too long, may be good for your health, recent studies suggest.
The rapidly mounting debts of the governments of Greece and other European countries caught policymakers off guard earlier this year and caused a panic in the markets. But a review of who holds the debt of these countries shows that any contagion risk should be confined to Europe.
Julieta Caunedo, Riccardo DiCecio
Different currencies and different goods are just some of the problems in comparing incomes around the world. Economists are testing new measurements of growth.
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