Economic policy

State-level economic policy associated with reduced HIV risk behaviors among single mothers

RESULTSUCLA research finds that a state earned income tax credit (SEITC) of 10% or greater than the federal EITC was associated with a 21% relative reduction in behavioral risk reported that could put single mothers at high risk of HIV infection in the past year. Additionally, a 10 percentage point increase in SEITC was linked […]

Economic policy

Climate activists demonstrate at the Federal Reserve’s Jackson Hole Economic Policy Symposium

Several dozen climate activists gathered Thursday outside the Jackson Lake Lodge in Grand Teton National Park, where the Federal Reserve held its annual Jackson Hole Economic Policy Symposium until Saturday. The event is one of the most important conferences for economists and central bankers around the world, and it has come under even greater scrutiny […]

Economic policy

Reviews | Biden’s student debt relief plan is very good economic policy

In August 24the Biden White House announced his project to relieve Americans in debt. The amount of debt cancellation can reach $20,000 for Pell Grant recipients, and otherwise $ten,000in both cases for people whose annual income is less than $125,000 and married couples earning less than $250,000. Other elements of the plan will help ease […]

Economic policy

Jackson Hole Economic Policy Symposium 2022: Powell mentions inflation 44 times and warns of pain for households and businesses

Jerome Powell, Chairman of the Board of Governors of the Federal Reserve, delivered his address on August 26, 2022. Unsurprisingly, inflation remained the dominant factor and was used almost 44 times in his speech. Powell said the Federal Open Market Committee’s (FOMC) primary goal right now is to get inflation back to our 2% target. […]

Economic policy

APEC seeks to balance health and economic policy

The long lockdowns during COVID have led some economies to crumble, while the overly relaxed approach and neglect of health issues have also caused avoidable losses in others. Jakarta (ANTARA) – Health ministers of APEC members aim to strengthen global and national preparedness for future pandemics through international and regional collaboration and partnerships to improve […]

Economic policy

Biden’s student debt relief plan is very good economic policy

In August 24the Biden White House announced his project to relieve Americans in debt. The amount of debt cancellation can reach $20,000 for Pell Grant recipients, and otherwise $ten,000in both cases for people whose annual income is less than $125,000 and married couples earning less than $250,000. Other elements of the plan will help ease […]

Economic policy

Investors are laser-focused on the Jackson Hole economic policy symposium

Central bankers and analysts will be confronted with a unique economic context very different from that of last year’s symposium. Last year, inflation was around 5% and the assumption of the vast majority of central bankers and policymakers was that inflation was transitory. The assumption was that supply chain bottlenecks and issues that were a […]

Economic policy

Past Economic Policy Failed to Consider the Emotional Cost of Inflation – Economics and Ecology

Until this year, inflation in advanced economies like the US and UK had been so low for so long that you had to be very old to remember what life was like during oil price spikes. the late 1970s. It was bad. Annual consumer price inflation in the United States peaked at 13.5 percent in […]

Economic policy

Liz Truss’ economic policy “more Ted Heath than Margaret Thatcher”, according to IFS

Liz Truss’ economic policy resembles that of Ted Heath rather than that of Margaret Thatcher, says the director of a leading think tank. Tory frontrunner plans to cut taxes and increase budget deficit in the face of high inflation – amid warnings it could push prices even higher Paul Johnson, director of the Institute for […]

Economic research

New economic research study sees no fiscal policy impact of 2010 ‘Citizens United’ ruling

A new study released by the National Bureau of Economic Research (NBER) finds that the Supreme Court’s 2010 Citizens United decision did not, contrary to repeated claims by Democrats and progressive activists, allow companies to buy favorable tax policies. “Across all results, we find no statistically or economically significant effect of independent political contributions on […]

Economic policy

Turkey’s heterodox economic policy requires more foreign funding

In less than a year, parliamentary and presidential elections will take place in Turkey. Nevertheless, this time the odds will be very different for the ruling Justice and Development Party. Current economic indicators do not favor the government of Recep Tayyip Erdogan due to soaring inflation and the dramatic depreciation of the Turkish Lira. The […]

Economic policy

Universities debate economic policy and examine ZAR link

In the Bank of Namibia Debating Competition for University Students, the Namibia University of Science and Technology (NUST) won top honors and the N$10,000 prize. Second was the International University of Management, winning N$5,000, with the University of Namibia in last place and a consolation prize of N$2,500. The best debater is Hillya Indongo who […]

Economic policy

Two-day session of Economic Policy Council inspires optimism that we are on the right track – PM Pashinyan • MassisPost

YEREVAN – Chaired by Armenian Prime Minister Nikol Pashinyan, the two-day session of the Economic Policy Council under the leadership of the Prime Minister was summed up on August 7 at the Dilijan Training and Research Center of the Central Bank of Armenia, the government press office reported. He said that on issues related to […]

Economic policy

Government open to input from business community in shaping new economic policy, says Kazakh PM

NUR-SULTAN – The government will consider business proposals when developing a new economic policy, Kazakh Prime Minister Alikhan Smailov said during an August 5 meeting with the council of national entrepreneurs and representatives of the National Chamber of Entrepreneurs of Atameken, the Prime Minister’s press service. reports. The Kazakh prime minister addressed the draft economic […]

Economic policy

An economic policy bill with potential | Opinion

U.S. Senate Majority Leader Charles Schumer (D-New York) and Sen. Joe Manchin (D-West Virginia) announced last week that they had reached agreement on a comprehensive economic policy bill that would , if adopted, would be the most significant national legislation in recent years. . It was an amazing announcement. Whether congressional Democrats can hold together […]

Economic policy

Economic Policy Council meeting inspires optimism that we are on the right track

A two-day meeting of the Economic Policy Council chaired by Prime Minister Nikol Pashinyan continued at the Central Bank’s Dilijan Training and Research Center on August 7. According to the press service of the Prime Minister of Armenia, the second day of the meeting addressed issues related to the sustainable development of the agricultural and […]

Economic policy

Work of the session of the Economic Policy Council under the leadership of the Prime Minister has started in Dilijan

YEREVAN, AUGUST 6, ARMENPRESS. Chaired by Prime Minister Nikol Pashinyan, the work of the session of the Economic Policy Council under the leadership of the Prime Minister of the Republic of Armenia began today, and will last from August 6 to 7, at the educational center and Dilijan research from the Central Bank of Armenia, […]

Economic policy

Sunak and Truss clash over UK economic policy in debate

LONDON British Conservative Party leadership candidates Rishi Sunak and Liz Truss took part in a debate on Friday where they again clashed over economic policy. The Bank of England on Thursday predicted inflation would hit over 13% and the UK faces a recession that will last more than a year. Truss said the UK should […]

Economic system

The transition to the alternative to the USD will destroy the American economic system

A stock photo MINSK, Aug. 5 (BelTA) — The transition to an alternative to the dollar will mean the collapse of the economic system of the United States of America, Aleksei Avdonin, an analyst at the Belarusian Institute for Strategic Research (BISR), told V Time [On Point] online project on the BelTA YouTube channel. “We […]

Economic policy

Workers Unite to Resist Wacky Economic Policy

Even with an economics qualification, it’s hard to imagine the Bank of England’s action yesterday. They predicted a recession longer than the global recession of 2008-2009, and comparable in severity to the recession of the early 1990s. They predicted a fall in real wages of 8% and an increase in unemployment of a million. Real […]

Economic policy

Truss ‘irresponsible’ for threatening to review Bank of England mandate | Economic policy

Liz Truss has been accused of being ‘deeply irresponsible’ for threatening to change the Bank of England’s mandate on the brink of a recession. Shadow Chancellor Rachel Reeves has attacked the Tory leader after Truss and her allies repeatedly questioned Bank Governor Andrew Bailey’s performance and said she would review the powers of the Bank. […]

Economic policy

First, steadying the ship: reframing the economic policy debate

A debate over fiscal strategy has featured prominently in the Conservative Party leadership race, with Foreign Secretary Liz Truss arguing for immediate tax cuts and former Chancellor Rishi Sunak arguing for tax cuts taxes are postponed until inflation and the budget deficit are better controlled. The first approach has been criticized as irresponsible and likely […]

Economic research

Freddie Mac – Mortgage rates fall below 5%

Freddie Mac Mortgage Rates – August 4, 2022 What happened to mortgage rates this week: The Freddie Mac fixed rate for a 30-year loan continued its downtrend this week, slipping below the 5.0% threshold to 4.99%. A series of surprisingly positive economic indicators offset the drumbeat of recessionary chatter: factory orders beat market expectations, as […]

Economic policy

Opinion: Four fairy tales stock market investors and economic policymakers tell each other

LONDON (Project union)— Do you believe in fairy tales? If so, you could probably make a lot of money these days as a financial trader or gain power and prestige as a central banker. As annual inflation in the US, eurozone and UK hit 40-year highs and will likely hit double digits after the summer, […]

Economic policy

New Lankan government prepares 25-year national economic policy to revive crisis-hit economy: President Ranil Wickremesinghe

Newly elected Sri Lankan President Ranil Wickremesinghe said on Wednesday that his government was preparing a national economic policy for the next 25 years to transform the crisis-hit country into a modern and competitive export economy. Presenting his government’s policy statement to the third session of parliament, President Wickremesinghe again urged political parties to form […]

Economic policy

Without fiscal responsibility, the United States is heading for a worse economic crisis: economic policy expert

Democrats and Republicans need to limit spending: Heritage Foundation’s Joel Griffith With inflation soaring and the Democratic-led Congress mustering enough support in the Senate to spend billions in additional spending, Joel Griffith, a fellow at the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundationtold NTD TV that if the United States […]

Economic policy

Problematic ANC does not discuss macro-economic policy: Economist – SABC News

Economist Duma Gqubule says it is problematic that the African National Congress (ANC) does not discuss macroeconomic policy. He was reacting to the results of the party’s sixth policy conference which ended on Sunday in Nasrec, south of Johannesburg. Conference delegates proposed that the Reserve Bank’s mandate be moved beyond inflation targeting to include tackling […]

Economic study

Economic study to thoroughly examine Bear River

UTAH (ABC4) – The Great Salt Lake continues to be a major talking point here in Utah, especially as it continues to reach record low water levels. About two-thirds of its water comes from a single source: the Bear River. Several agencies are working together to study the economic impact of the river in Idaho, […]