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

Wolfers discusses state of the economy

Feb 8, 2022 WDET
Justin Wolfers, professor of public policy and economics, recently appeared on WDET to talk about the economy, inflation, and jobs.  "People are complaining about rising prices and inflation. That’s their concern right now. It’s not about jobs,"...
Justin Wolfers
News

Stevenson discusses the Great Resignation and inflation

Feb 1, 2022
Betsey Stevenson, professor of public policy and economics, recently talked to Al Jazeera about the Great Resignation – the phenomenon of millions of Americans voluntarily leaving their jobs. She explained what's going on behind the...
Betsey Stevenson
In the Media

Wolfers discusses inflation panic and Fed response

Jan 17, 2022 CNN Business
As consumer prices rise, some Americans panic that inflation will continue unabated. With its new interet rate policy, some are wondering if the Federal Reserve made a  mistake. Justin Wolfers, professor of public policy and economics, has faith in...
Justin Wolfers
In the Media

Stevenson breaks down the state of the economy

Jan 7, 2022 Marketplace
Betsey Stevenson, professor of public policy and economics, sat down with Marketplace to discuss the state of the economy.  “People have a harder time putting rising prices in the context of the broader economy,” she said. “(But) when a company...
Betsey Stevenson
In the Media

Josh Hausman explains how COVID has broken the economy

Dec 10, 2021 The Atlantic
With his opinion article in The Atlantic, Josh Hausman, associate professor of public policy and economics, suggests high inflation rates may last for years. He describes the reasons behind inflation—including a consumer shift from services to...
Joshua Hausman
News

Wolfers provides analysis on jobs, inflation

Dec 5, 2021
As the omicron variant spreads, the impact it will have on the fragile economic recovery remains uncertain. Justin Wolfers, professor of public policy and economics, talked to numerous media outlets about economic recovery, the jobs report, and...
Justin Wolfers
News

Stevenson on Build Back Better, inflation, and unemployment

Nov 28, 2021
Betsey Stevenson countered arguments against President Biden’s Build Back Better legislation as the bill passed the House and moved into the Senate. “There is just absolute historic investment in childcare that is really going to benefit so many...
Photo of Betsey Stevenson leading a class
In the Media

Build Back Better will increase inflation - Leahy

Nov 28, 2021 PolitiFact
As a debate over the impact of President Joe Biden's Build Back Better bill continues, John Leahy, professor of public policy and economics, discussed the economics of the bill. "Inflation is the result of too much demand chasing too little...
Headshot of John Leahy