"J. Bradford DeLong worries that the central bank is keeping monetary policy too restrictive for the macroeconomic situation."

[https://www.project-syndicate.org/onpoint/cbdcs-have-become-a-political-imperative-by-piroska-nagy-mohacsi-2023-06?barrier=accesspaylog](https://www.project-syndicate.org/onpoint/cbdcs-have-become-a-political-imperative-by-piroska-nagy-mohacsi-2023-06?barrier=accesspaylog) >"Piroska Nagy Mohácsi thinks governments must embrace central bank digital currencies or risk a _...Read More_

>"Eswar Prasad warns that inflation woes and banking failures are likely to impede global growth beyond this year."

"While US regulators rush to protect the depositors of failed domestic banks, many others around the world have been left to deal with the effects of the US Federal Reserve’s interest-rate hikes on their own. As in past systemic crises, _...Read More_

The debt ceiling exists for a reason. Asking people to evade or poke holes into it for special projects defeats the purpose of a debt ceiling.

>"But the mighty dollar isn't likely to be knocked off its global perch anytime soon, writes Christopher Smart."

>"Mortgage rates in the US faced the biggest weekly decline in nearly 41 years, providing some relief after a rapid run-up _...Read More_

"Surging inflation and an ongoing economic slowdown should have hurt demand for the US dollar, and yet the greenback is at a 20-year high. The US economy’s relative strength and the Fed’s rapid monetary tightening will likely keep the _...Read More_

"In a sane world, republicans and democrats would recognize the enormous conflict of interest here and work to ensure the FDA is entirely neutral and driven by strong ethics and research, rather than corporate money."

"Thirty-five years after former US Federal Reserve Chair Paul Volcker left office (and nearly three years after his death), the mere mention of his name still gives shivers to Latin Americans who remember the economic devastation caused by _...Read More_

"Say what you will about Karl Marx, the man knew how to turn a phrase. His observation about history repeating itself, first as tragedy then as farce, surely applies to the ongoing failure of U.S. monetary policy. Alex Pollock’s insightful _...Read More_

"Kaushik Basu argues that the US central bank’s aggressive policy tightening reflects a misreading of the labor market."

"Dambisa Moyo argues that the heightened focus on inflation should not come at the expense of bigger long-term issues."

"Jim O'Neill gives four reasons for questioning whether economic forecasters' current pessimism is still justified."