Tag Archives: Federal Reserve

U.S. Economy Is In Recovery

Posted on October 29, 2012 by Popular Economics Weekly

Popular Economics Weekly I mentioned last week that the U.S. economy is now growing faster than the rest of the developed world. How can that be, you say, with all the election propaganda saying the recovery has been a failure?  … Continue reading →

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Bernanke’s QE3 Challenge

Posted on September 19, 2012 by Popular Economics Weekly

Popular Economics Weekly Should we call him King Ben? Much like King Arthur, Fed Chairman Bernanke and his Roundtable of Fed Governors have taken on the confidence fairies, to use Paul Krugmans’s term, the austerity promoters who believe the only … Continue reading →

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Increased Consumer Spending a Good Sign

Posted on August 21, 2012 by Popular Economics Weekly

Financial FAQs The most recent retail sales show consumers are able to spend more, even as they borrow more. Add to that credit card delinquencies are at an 18-year low, according to credit reporting company Transunion Corp., and we have … Continue reading →

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Manufacturing Continues Expansion (So Austerity Not the Answer)

Posted on May 2, 2012 by Popular Economics Weekly

“Manufacturing continues to lead U.S. recovery”, said the April ISM manufacturing survey that measures overall manufacturing activity. “The PMI registered 54.8 percent, an increase of 1.4 percentage points from March’s reading of 53.4 percent, indicating expansion in the manufacturing sector … Continue reading →

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What Has Caused Record Inequality (and Greater Recessions)?

Posted on April 29, 2012 by Popular Economics Weekly

Popular Economics Weekly Economists Lawrence Mishel and Heidi Shierholz of the labor think tank Economic Policy Institute (EPI) have been asking a question in their latest work that is at the root of our various economic crises, “Why did the … Continue reading →

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Employment Report Means Holiday Cheers!

Posted on November 12, 2011 by Popular Economics Weekly

Popular Economics Weekly Not only were the employment numbers for the past 3 months much higher than originally estimated, but job openings are growing. All we need now is for consumers’ credit conditions to ease to bring back their confidence. … Continue reading →

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The Fed Has Two Mandates—Growth + Price Stability

Posted on November 22, 2010 by Popular Economics Weekly

Financial FAQs Why has there been so much debate over the Fed’s monetary policy of so-called Quantitative Easing? The simplest answer is that it pits those countries and ideologies that see the world as a zero-sum game—the I Win, You … Continue reading →

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Is Pent-up Demand Growing?

Posted on August 3, 2010 by Popular Economics Weekly

Financial FAQs We are now hearing that pent up demand is growing as the economic recovery takes its time. What is it, and what would it mean for an earlier recovery? Fed Chairman Bernanke mentioned that ‘demand’ could grow in … Continue reading →

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Jobs, Jobs, and more Jobs Needed

Posted on July 18, 2010 by Popular Economics Weekly

Financial FAQs Three new Federal Reserve Governors are up for confirmation that would fill out the Federal Reserve Board of Governors for the first time in years. And what are they saying? Surprise, surprise: “Fed Nominees Stress Job Creation,” was … Continue reading →

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Why the Housing Bubble?

Posted on May 15, 2010 by Popular Economics Weekly

The Mortgage Corner Historical hindsight is always 20-20, but why didn’t economists and the Fed act sooner to deflate the housing bubble? By waiting until 2006 to tighten credit, the Federal Reserve allowed overbuilding of the housing sector that resulted … Continue reading →

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