economy | Gerald R. Ford School of Public Policy
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In the Media

Dominguez on the increasing value of foreign currency

Mar 20, 2025 Marketplace
As the economy prepares for the Trump administration's proposed tariff plan, U.S. goods are becoming less competitive than those from foreign countries. Speaking with Marketplace, the Ford School's Kathryn Dominguez claims this isn't the only...
In the Media

Wolfers acknowledges economic uncertainty for business owners

Mar 10, 2025 ABC Australia
On an ABC Australia review on the current economic state of the U.S. and the outlook on what's to come for business owners and CEOs. the Ford School's Justin Wolfers stated the Trump Administration's economic policies have "raised the possibility...
In the Media

Wolfers empathizes with consumers concerns for the future economy

Feb 25, 2025 CNN
Following the third consecutive fall of The Conference Board’s Consumer Confidence Index, the Ford School's Justin Wolfers told CNN, “The fact that consumers don’t feel like it’s smooth sailing — you’ve got one very obvious suspect. That’s the White...
In the Media

Fed rate changes and labor market uncertainty - Wolfers

Feb 7, 2025 The New York Times
The Federal Reserve Bank is set to lower rates as the economy stabilizes over the next few months. Speaking with The New York Times, the Ford School's Justin Wolfers cautioned businesses about these changes and the adaptations of the labor market...
In the Media

Wolfers has lingering uncertainty about Trump's tariff tactics

Feb 3, 2025 CNN
As President Trump doubles down on his threats for tariffs on foreign trade, the Ford School's Justin Wolfers isn't sure his tactics work economically. Wolfers told CNN, “Trump announces tariffs, so markets fall. Trump walks back tariffs, markets...
In the Media

Deardorff asserts tariffs threats "are not common"

Dec 18, 2024 WCMU
A podcast from WCMU spoke with the Ford School's Alan Deardorff to better understand Trump's motivation using tariffs as a bargaining tool. Deardorff explained "We haven't done it much [using tariffs for trade negotiating] for many decades because...
In the Media

Deardorff suggests Trump bargains with threats to raise tariffs

Dec 6, 2024 BBC Brasil
U.S. President elect Donald Trump has recently threatened to impose 100% tariffs on countries working to replace the U.S. dollar in international trade transactions. The Ford School's Alan Deardorff informed BBC Brasil that "If Trump uses all the...
News

Wolfers insights on U.S. economic performance

Sep 7, 2023
Over this past summer, Justin Wolfers, professor of public policy and economics at the Ford School, was widely interviewed on the state of the economy and the American public's reactions to its performance.  Here are highlights from his media...
In the Media

Stevenson breaks down job growth across different sectors

Apr 4, 2023 CNBC
Betsey Stevenson, CNBC: "What we've been seeing is a massive reallocation of workers. First, we expanded how much stuff we were buying, so the goods sector just did remarkably well early on in the pandemic. And it was the service sector that got...
In the Media

Foreign Affairs asks Wolfers, "Are we headed toward recession?"

Mar 30, 2023 Foreign Affairs
Justin Wolfers, Foreign Affairs: "The economy definitely could fall into recession—there is always a risk—but it is worth remembering that it is never a certainty. The only time horizon over which economists have a good record in predicting...
In the Media

Stevenson analyzes Fed messaging

Mar 21, 2023 Bloomberg
Betsey Stevenson, Bloomberg: "I think sticking with 25 basis points is hopefully going to be sending the signal that they (the Federal Reserve) really do believe that the situation is stabilizing. That they don't need to veer from their planned...
In the Media

Economy is 'extraordinary' - Wolfers

Mar 12, 2023 WDIV
Justin Wolfers, WDIV: "My summary is what a little ripper. Last month, we were extraordinary. So we aren't extraordinary two months in a row, we're merely very good. This is the sort of job growth that maybe we've gotten used to over the past couple...
In the Media

Wolfers remains optimistic about economy

Mar 10, 2023 BBC
Justin Wolfers, BBC: "The best forecast for the future state of the economy is the current state and the current state is good. There's a recessionary vibe, but there's no recessionary...
News

Wolfers optimistic about soft landing for economy

Feb 17, 2023
As concerns about the economy continue, one economist is optimistic. Justin Wolfers, professor of public policy and economics, recently talked with NPR to discuss his economic analysis and predictions. "You're talking to an economist who is going...
In the Media

Hanson discusses state of inflation

Feb 14, 2023 Wallet Hub
Jonathan Hanson, Wallet Hub: "The point of interest rate increases is to slow down the economy and thus cool demand. Pressure on prices thus falls. It’s effective for controlling the rate of inflation but does not come without some pain. I think the...
In the Media

Stevenson analyzes inflationary pressure

Feb 11, 2023 The New Yorker
Betsey Stevenson, The New Yorker: "People always hate inflation. Even when inflation was at historic lows, survey data showed that eighty-three percent of Americans thought inflation was a problem. The President has very few levers. And, in this...
In the Media

Wolfers celebrates low unemployment rate

Feb 10, 2023 NPR
Justin Wolfers, NPR: "We're celebrating unemployment being at a 50-year low. This is only three years after the scariest economic moment of my lifetime. If you had said in three short years we'll yield an unemployment rate that earlier generations...
In the Media

Stevenson discusses strong labor market

Feb 9, 2023 NPR Marketplace
Betsey Stevenson, NPR Marketplace: "Are employers trying to hire a bunch of phantoms — people who don’t exist? Are they just finding it too hard to find...
In the Media

Stevenson discusses trade-offs of inflation

Feb 5, 2023 NPR
Betsey Stevenson, NPR: "The thing about inflation is it hurts us all a little 'cause it's terrible, right? You go to the store, and we're all talking about the price of eggs. We feel it. We feel rents going up and food prices going up, but, you...
In the Media

Is the economy good? Wolfers says yes

Feb 3, 2023 Vox
Justin Wolfers, Vox: "If you want a dramatic one-word answer, the answer is yes. Unemployment’s at a 50-year low, that’s the standard metric for thinking about how the economy is performing. Job growth is continuing, so it’s not only good, it’s...
In the Media

Stevenson breaks down new GDP numbers

Jan 26, 2023 MSNBC
Betsey Stevenson, MSNBC: "I think what we have learned is that when we give families and people enough money, to mean that we don't have a bunch of people who are at risk of eviction, losing their house, not putting food on the table, it gives them...