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

Dominguez discusses weakening dollar

Sep 3, 2024 Marketplace
Kathryn Dominguez, Marketplace: The dollar’s value, like the value of goods in any marketplace, is affected by how much demand there is for it. And lately, demand has been weakening.“The main driver is the anticipation that the [Federal Reserve] is...
In the Media

Dominguez: What is “maximum employment”?

Jul 29, 2024 Marketplace
Kathryn Dominguez, Marketplace: Generally speaking, if more and more people are employed and the unemployment rate drops and drops further, companies may have trouble finding workers, and they’ll raise wages to attract them. That would increase...
News

Stevenson’s economic analysis in demand

Jul 3, 2023
Ford School economist Betsey Stevenson’s analysis of the volatile U.S. economy is in high demand.  When the June jobs numbers were released at the beginning of July, Stevenson was quoted in the Associated Press. AP reported, “Friday’s jobs...
News

Stevenson’s expertise on the debt ceiling and global economy

Jun 26, 2023
Ford School economics professor Betsey Stevenson is widely tapped for her comprehensive knowledge of the state of the U.S. economy. When the debt ceiling deal was reached between President Biden and the GOP in Congress, she told NPR that the...
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

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...
In the Media

Stevenson discusses interest rate effects on labor market

Mar 7, 2023 Bloomberg
Betsey Stevenson, Bloomberg: "I think it's really hard to interpret the impact of the interest rate increases on the labor market. And the reason is that we would have to know the counterfactual—what would have happened in the labor market if we...
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

Wolfers discusses inflation and interest rates

Jan 19, 2023 WDET 101.9
Justin Wolfers, WDET 101.9: "Inflation was distressing. Right now, it may still be a little distressing. The future looks like it's going to be a whole lot less distressing.  The Fed's worried because inflation still is above its target level. It...
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

Dominguez discusses the impact of Japan's increasing interest rates

Dec 21, 2022 Marketplace
Kathryn Dominguez, NPR Marketplace: Higher interest rates can also help Japan combat inflation more generally. And that could help other countries too, said Kathryn Dominguez, an economics professor at the University of Michigan. "If all...

Stevenson debunks five myths about the Fed in Washington Post

Aug 9, 2019
Ford School Professor Betsey Stevenson tackled misconceptions about the Federal Reserve in a “Five myths” Washington Post column, published August 2, titled “Five myths about the Federal Reserve.” In the wake of the Federal Reserve’s recent...