Top Economists Don’t See Immediate Recession; Share Concerns on Inflation, Interest, and Debt
Two top American economists said that while the U.S. faces a complex mix of fiscal and economic challenges, they don’t see an immediate threat of recession.
Read MoreHow Much Does the United States Spend on Prescription Drugs Compared to Other Countries?
The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.
Read MoreThe Federal Reserve Will Begin Reducing Its Holdings of Treasury Notes and Bonds
The Fed recently announced it will begin reducing the size of its balance sheet this month to combat high inflation and a tight labor market.
Read MoreDo Higher Interest Rates Make a Debt Crisis More Likely?
The likelihood of a return to higher interest rates is “both reasonably likely at some point and potentially calamitous for the federal government and broader economy.”
Read MoreQuiz: How Much Do You Know About the U.S. Tax System?
The lengthy and complex United States tax code can be difficult to understand. Take our quiz to see how much you really know.
Read MoreThe Fed Hikes Interest Rates to Curb High Inflation, But with Implications for the National Debt
The Federal Reserve announced an increase in the target for the federal funds rate, the interest rate at which commercial banks lend to each other overnight.
Read MoreWhat Are the Pros and Cons of Student Loan Forgiveness?
Currently, more Americans owe a greater average amount of student debt than at any time in U.S. history.
Read MoreThe U.S. Economy Grew at Its Fastest Rate Since 1984
The strong rebound in 2021 was partially due to the high economic growth experienced in the fourth quarter.
Read MoreTop Economists Weigh in on Rising Inflation, Growing Debt, and America’s Economic Future
Two experts shed light on rising inflation, new COVID variants, growing national debt, and an uncertain economic recovery, for the Peterson Foundation Economic Forum.
Read MoreLeading Economists: The Economy Bounced Back Fast, But Major Questions Remain
Amid a complicated economic and fiscal environment, two top economists joined a panel discussion as part of the Peterson Foundation Economic Forum.
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