In the Bubble

The collapse of the Silicon Valley Bank (SVB) set off alarms in the financial sector, with flashbacks to the 2008 financial crisis and increased worries about an impending recession.  Betsey Stevenson and Justin Wolfers, both professors of public pol...

Justin Wolfers, In the Bubble: "(Inflation’s) almost certainly peaked. That’s the mainstream view among both Wall Street and academic economists right now. The Fed’s own forecasts show that it expects inflation to fall relatively dramatically over th...

The flurry of major and surprising economic news in the past week has changed the outlook on inflation and the possibility of recession.  Ford School professor Betsey Stevenson was one of 126 top economists who wrote a letter to congressional lea...