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

Dominguez breaks down how exchange rates impact inflation

Jan 13, 2023 BBC
Kathryn Dominguez, BBC: "We saw this really dramatic appreciation of the dollar when the US was really moving most forcefully against inflation earlier in 2022. As exchange rates stabilize, that kind of moving of inflation from one country to...
In the Media

Stevenson breaks down latest CPI report

Jan 12, 2023 Washington Post
Betsey Stevenson, Washington Post: "What we saw in the inflation data is that what [the Fed] is doing is working. And so far, it hasn’t slowed the economy so much that we’ve seen net losses in jobs. We’ve seen some corrections in the labor market....
In the Media

Childcare is a societal issue - Stevenson

Jan 10, 2023 Care for Business
Betsey Stevenson, Care for Business: "It drives me crazy when I hear people describe (childcare) as a personal problem. It’s so many uniquely American, right? ... The inflation we’re facing right now has nothing to do with money, and has everything...
In the Media

Stevenson looks ahead at interest rates and inflation

Dec 28, 2022 CNBC
Betsey Stevenson, CNBC: "I think it’s important to realize that the Fed sees themselves as having two tools right now to bring inflation down. One is bringing rates high, and then the other is keeping them high for longer. And I think one thing...
In the Media

Wolfers provides 2023 economic forecast

Dec 21, 2022 In the Bubble
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...
In the Media

Stevenson considers further Fed action on inflation

Dec 12, 2022 DBusiness
Betsey Stevenson, DBusiness: "We thought we’d see inflation start to come down, and instead what we’ve seen is inflation really sort of entrenched. If there’s no real progress, then that says, does the Fed need to take stronger action? And if the...
In the Media

Wolfers compares corporate profits and inflation

Nov 15, 2022 NPR
Justin Wolfers, NPR: "Corporations have celebrated higher prices in their earnings calls ever since the history of the earnings call. Blaming inflation on greed is like blaming a plane crash on gravity. Corporations have always tried to raise prices...
In the Media

Stevenson discusses state of inflation

Nov 14, 2022 Bloomberg
Betsey Stevenson, Bloomberg: "I certainly thought what we saw was good news. And it's good news because we're seeing inflation start to slow. And we know we've got a ways to go but, we're seeing things moving in the right direction. The thing that's...
In the Media

Wolfers analyzes latest CPI report

Nov 10, 2022 AlterNet
Justin Wolfers, AlterNet: "This is a very encouraging inflation report. There’s a good chance that inflation has peaked, and is now turning...
In the Media

El-Sayed discusses the effectiveness of Obama's midterm remarks

Nov 5, 2022 The New Republic
Abdul El-Sayed, The New Republic: "Obama in his remarks reminds Democrats of how to “hit back”—how to remind Americans that beyond the “inflation” talking points are real people living real lives—and that Republican plans would simply make their...
In the Media

Stevenson reassures Gen Z about inflation

Oct 30, 2022 NPR
Betsey Stevenson, NPR: "The inflation has been pretty darn stable for your whole life and even some of your parents' life. And then all of a sudden, we hit 2021, and it's like, what's happening? They should count themselves lucky for being on the...
News

Stevenson breaks down inflation's causes on 'Face the Nation'

Oct 19, 2022
As inflation continues to rise, voters are getting more and more worried about the economy. To alleviate some of that concern, Betsey Stevenson, professor of public policy and economics, provided her expertise on CBS News: Face the Nation. "It is...
In the Media

Stevenson and Wolfers address September CPI report for Brookings

Oct 17, 2022 Brookings
Betsey Stevenson, Brookings: "If we can get demand down, we will indeed see that passed through to lower prices, which means the Fed just has to do more. Across the board on average the price of services is rocketing up. And that’s where the Fed is...
In the Media

Stevenson reacts to September inflation report

Oct 13, 2022 CNBC
Betsey Stevenson, CNBC: "Obviously, this isn't a report that anyone likes to see. At the same time, I want to say we should never overreact to one report. What are we seeing here? We saw really fast inflation in services. So what's going on? We're...
In the Media

Wolfers says Fed is on track to a 'soft landing'

Oct 8, 2022 CNN News Source
As economic worries continue, Justin Wolfers, professor of public policy and economics, provided his expert opinion on inflation and the economy. “The thing that’s hurting people of course is inflation," he said. “This has been a key goal of the...
News

Stevenson provides insight on rising inflation

Oct 3, 2022
As Americans continue to worry about inflation, Professor Betsey Stevenson appeared on NPR and in The New York Times this week. Gen Z is feeling the impacts of high inflation extra hard, NPR, October 1, 2022 "Inflation has been pretty darn...
News

Wolfers provides expertise on current state of economy

Sep 9, 2022
Justin Wolfers, professor of public policy and economics, has made numerous appearances in the media recently, providing his expertise on the current state of our economy. Here is a compilation of his recent contributions: 'Both a warning and a...
News

Stevenson analyzes uncertain markets

Aug 30, 2022
Ford School economics professor Betsey Stevenson has been commenting on the many confusions hitting the economy, given worries about inflation and recession, Fed interest rate hikes, and a shifting labor market. When the Job Openings and Labor...
In the Media

Core measures do a better job to predict inflation, says Wolfers

Aug 16, 2022 Quartz
Economists have a lot of data—consumer prices and monthly inflation rates— to measure inflation and predict prices. But Ford School economist Justin Wolfers explains that cherrypicked numbers are contributing to general confusion about what's...
News

Wolfers sees signs of optimism amid high inflation numbers

Jul 21, 2022
The latest inflation rate numbers show an increase in prices of 9.1%. Ford School economics professor Justin Wolfers has been discussing the intricacies of elements and implications of that rate.   Reacting to the inflationary pressure, the...