inflation | Gerald R. Ford School of Public Policy
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News

Stevenson on inflation figures

Jul 18, 2022
Ford school professor Betsey Stevenson has been commenting on the latest inflation figures, which in the U.S. saw an annual rate of 9.1% in June. She told ABC Australia, "Heating your house, filling your tank — that's where Americans are really...
Betsey Stevenson
In the Media

Dominguez comments on "reverse currency wars"

Jul 13, 2022 Planet Money
As countries around the world work to fight inflation, central banks have a limited number of options to cool their economies. When countries raise interest rates, and their currencies get stronger, they may begin to engage in a competition with...
Kathryn Dominguez speaks to prospective students at the Ford School's Spring Preview
In the Media

State inflation relief checks are not a stimulus, says Hausman

Jul 6, 2022 NPR Marketplace
A dozen states are providing tax rebates to residents who qualify. Professor Joshua Hausman told NPR Marketplace they are designed to help people deal with rising prices, not stimulate the economy. “This is not a good idea if you care about...
Joshua Hausman
In the Media

Gas tax break may not reduce prices - Stevenson

Jun 26, 2022 The New York Times
As the Biden administration considers a holiday on the federal gas tax, an opinion piece in The New York Times says the move may not actually lead to a price reduction at the pump. It states, "By the iron law of supply and demand, if the demand...
Betsey Stevenson
In the Media

Rabe on curbing high gas prices

Jun 16, 2022 Time
This week, President Biden called on U.S. oil refiners to ramp up production to meet the growing demand for gas and rising prices at the pump. In a Time interview, Ford School professor Barry Rabe says he is "struck by the lack of appetite in either...
Headshot of Barry Rabe
Publication

States can take advantage of energy price hikes - Raimi

Jun 12, 2022
While high energy prices are hurting consumers, there are ways in which state governments can benefit from the spikes to create more resilient communities in the long-term, Ford School lecturer Daniel Raimi writes in Resources. “For some states,...
Headshot of Daniel Raimi
In the Media

Catherine Hausman on the cost of soaring gas prices

Jun 10, 2022 Bloomberg
"There's very little the administration or Congress can do on gasoline prices. This is part of a world market. This is just basic supply and demand." Catherine Hausman discusses how high gas prices affect Europe's energy market and U.S. climate...
Headshot of Catherine Hausman
In the Media

Wolfers says recession worries are overstated

May 12, 2022 ABC Australia
The inflation rate in April in the U.S. was 8.3%, slightly down from the previous month. As the Fed addresses the issue, there is worry that stringent measures could cause a recession. Speaking to ABC Australia, Ford School professor Justin Wolfers...
Justin Wolfers
News

Wolfers and Stevenson comment on jobs and inflation

May 6, 2022
Inflation has been as high as 8.5% in recent months, and despite other positive economic factors, CNN reports that President Joe Biden may be “close to the point of no return with Americans on the economy.” Ford School economics professor Justin...
Betsey Stevenson and Justin Wolfers
In the Media

Wolfers weighs in on Biden's approval ratings

Apr 16, 2022 Los Angeles Times
Despite low unemployment and rising wages, inflation is causing President Biden to struggle with low approval ratings. Justin Wolfers, professor of public policy and economics, discussed how he would frame the economy to raise approval...
Photo of Justin Wolfers
In the Media

'Not a single indicator that a recession is coming' - Wolfers

Apr 13, 2022 Los Angeles Times
With inflation running high, yet unemployment low, President Biden's approval rating has sunk, signaling the economic anxiety of Americans. In light of this, Justin Wolfers, professor of public policy and economics, discussed the economy and...
Photo of Justin Wolfers
News

Rabe discusses current state of climate action

Apr 13, 2022
On the campaign trail, President Biden promised climate action. But, a few bumps in the road have delayed that action. Specifically, the Build Back Better bill, which includes provisions for action on climate policy, has been stalled. Barry Rabe, J....
Barry Rabe
News

Stevenson and Wolfers discuss latest jobs report

Apr 4, 2022
The labor market is still booming, according to the latest jobs report. Justin Wolfers and Betsey Stevenson, both professors of public policy and economics, broke down what the jobs report means for Americans. "I do think it more likely that the...
Betsey Stevenson and Justin Wolfers
News

Senate testimony by Stevenson links labor supply and inflation

Mar 23, 2022
In testimony before the Senate Banking, Housing, and Urban Affairs Committee, Ford School economics and public policy professor Betsey Stevenson examined, "the link between the labor market, families, caregiving, and the risk of higher future...
Screenshot of the livestream of Betsey Stevenson testifying in-person before the U.S. Senate Committee on Banking, Housing, and Urban Affairs
In the Media

Levy discusses inflation effects on retirees

Mar 21, 2022 The Washington Post
As prices rise, retirees living on a fixed income are left anxious and worried. Helen Levy, research professor at the Institute for Social Research, discussed why pandemic policies, like expanding the Child Tax Credit and unemployment benefits,...
Helen Levy
In the Media

Oil price uncertainty a factor for the Fed - Stevenson

Mar 21, 2022 NPR Marketplace
The Federal Reserve walks a thin line while trying to stop inflation without stopping growth. Betsey Stevenson, professor of public policy and economics, discussed what they need to consider when deciding which policy levers to pull. “Are we...
Betsey Stevenson
In the Media

Stevenson analyzes conflicting views of the economy

Mar 17, 2022 The New York Times
Republican governors across the country have been criticizing President Biden for his economic policies while touting their own. Betsey Stevenson, professor of public policy and economics, weighed in on the trend. “Basically it’s insane to say,...
Betsey Stevenson
News

Wolfers weighs in on war in Ukraine and inflation

Mar 14, 2022
Inflation continues to dominate headlines as Americans worry about rising prices everywhere from housing to the gas pump. Justin Wolfers, professor of public policy and economics, provided some insight into the state of the economy. "There’s no...
Justin Wolfers
News

Wolfers weighs in on inflation

Feb 16, 2022
Americans are becoming increasingly worried about inflation. Justin Wolfers, professor of public policy and economics, discussed the Federal Reserve's current approach to intervening in the economy to address the issue. "The mechanism by which...
Photo of Justin Wolfers
In the Media

Stevenson discusses inflation and demand

Feb 13, 2022 CNN Politics
With inflation rising as the economy bounces back from the COVID-19 recession, the automobile industry is one area that has struggled due to labor and supply shortages. "The people screaming for Biden to do something do not want the Fed to raise...
Betsey Stevenson
In the Media

Stevenson proposes solutions for inflation

Feb 10, 2022 Yahoo! News
With Americans panicking about rising prices, Betsey Stevenson, professor of public policy and economics, proposed how to slow inflation down.  "So we've got two ways to fix the problem: We can bring down demand ... or we can try to increase...
Photo of Betsey Stevenson leading a class