New York Times columnist Paul Krugman insisted on Thursday that recent economic news have been “fairy encouraging” lately despite the news that the GDP is in a recession.
Although Krugman admitted that the economy is"definitely slowing," he claims that other reports have been"fairly encouraging lately."
"As I suggested, early indications are that the Fed is winning its war on inflation, and doing so faster and more easily than most observers expected," Krugman wrote.that he was"wrong" about inflation after June’s report found the inflation rate increased by 9.1%, a new high. He instead acknowledged that it’s"much, much too soon to declare victory in the fight against inflation" while noting there have been"several false dawns" over the last 18 months.
WAPO, NY TIMES, CNN, ASSOCIATED PRESS AND MORE FRAME SECOND QUARTER GDP NUMBERS AS FUELING ‘RECESSION FEARS’Sen. Joe Manchin, D-W.Va., has previously been reluctant to agree to any green agenda put forth by the Democrats, citing concerns with the inflation rate as a reason. However, on Wednesday, he officially announced anon a reconciliation bill that would include $433 billion in climate initiatives.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Canadiens' Paul Byron, family members help rescue pilot who crashed seaplane in lakeMontreal Canadiens winger Paul Byron was involved in the rescue efforts of a pilot who crashed their seaplane in a lake in Canada over the weekend.
Lire la suite »
US offers Russia deal aimed at bringing home WNBA star Brittney Griner, Paul WhelanIt is unclear what the deal is, or whether it will be enough for Russia to release the Americans.
Lire la suite »
U.S. offers deal to Russia for return of Brittney Griner, Paul WhelanIn a sharp reversal of previous policy, Secretary of State Antony Blinken said he expects to speak with his Kremlin counterpart for the first time since before Russia invaded Ukraine to discuss the deal and other matters.
Lire la suite »
In rare contact, United States offers Russia deal for Brittney Griner, Paul WhelanWASHINGTON — The Biden administration has offered a deal to Russia aimed at bringing home WNBA star Brittney Griner and another jailed American Paul Whelan,...
Lire la suite »