"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."

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_

"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."

"Jason Furman argues that the Federal Reserve should err on the side of doing too much, rather than too little."

>"You'd be hard-pressed now to find a recession in the rearview mirror. What's down the road, though, is another story."

"The last time inflation burned hot, consumers could put money in the bank and watch it grow like the prices on store shelves, easing much of the pain."

"The International Monetary Fund (IMF) announced that its projection for global economic growth is “gloomy and more uncertain” as it reduced its growth expectation for 2022 to 3.2 percent, about half a percentage point lower than previously _...Read More_

"Because housing is sensitive to changes in borrowing costs, it can tell policymakers and consumers a lot about whether the Fed’s plan is working."

"Rising interest rates and economic headwinds are making it harder for the U.S. to fill a severe shortage of affordable housing, and the problem is likely going to get worse.   The Federal Reserve has been working for months to stanch the _...Read More_

"US central bankers face an increasingly difficult balancing act as they struggle to douse scorching inflation while still _...Read More_