inflation

Neoliberal Policies Are Tanking the Argentine Economy

Neoliberal Policies Are Tanking the Argentine Economy

March 22, 2019

Even with the IMF’s largest loan ever, Argentina cannot seem to avoid rising unemployment, high inflation, and recession. CEPR’s Mark Weisbrot explains that this is because they are following the usual failed neoliberal recipe

Another Drop in Energy Prices Leads to Negative Inflation in December

January 11, 2019

By Dean Baker / CEPR. The pace of core inflation has been slowing slightly in recent months. The overall Consumer Price Index (CPI) fell 0.1 percent in December due to a 3.5 percent drop in energy prices. This was the second consecutive sharp drop in energy prices. This drop held the overall inflation rate to…

Rapid GDP Growth: Does Trump Deserve the Credit?

August 27, 2018

Trump and his supporters argue that the 2017 corporate tax rate cuts are spurring economic growth. Is there any truth to this? We discuss the real effects of the tax cuts with economics professor Gerald Epstein of PERI at UMass Amherst

IMF Says 2018 Economic Outlook is Rosy, But Austerity is Still Good

April 19, 2018

The IMF just released a positive World Economic Outlook report for 2018. Still, in order to make sure that the outlook remains good, the IMF makes recommendation that would lead to recession, says CEPR’s Mark Weisbrot

‘Normalizing’ Britain’s Interest Rates by Raising Them May Slow Economy

February 12, 2018

The Bank of England announced plans to raise interest rates to combat inflation, but the actual effect will be to slow its economy and raise unemployment in light of a phantom threat, explains economist Mark Weisbrot

UK Interest Rate ​Hike​ Ignores Equitable Policy Options

November 4, 2017

In order to slow inflation, the Bank of England is raising interest rates for the first time in a decade–but this move ignores policy options that could potentially ease high levels of inequality in the UK, explains Positive Money’s Ed Smythe

Venezuela Coverage and Analysis

September 11, 2017
Find all of our Venezuela stories here, from the current crisis to the early days of The Real News Network

Economy

July 15, 2017
During her testimony to Congress, Federal Reserve Chair Janet Yellen dodged a question about whether she would accept a second term in office–but it’s unlikely that President Trump will re-appoint her, says Gerald Epstein, co-director of Political Economy Research Institute

Dean Baker: Interest Rate Hike Will Hurt Jobs Growth

June 23, 2017

The Federal Reserve’s interest rate hike will slow jobs growth, but is probably being done to please Wall Street, says CEPR’s Dean Baker