Jeremy Nalewaik

Jeremy Nalewaik News

  • GDP: An Imperfect Measure of Progress

    Which is better for a country’s well-being: $10 million spent constructing a jail, or $10 million spent producing a line of smartphones? How about clear- cutting rain forests to produce $10 million in lumber? Or a storm that requires $10 million in repairs?

  • Economy Close to Stall Speed May Signal New Recession

    Economics isn’t rocket science, but the U.S. economy is a little like a rocket. If it has enough thrust, it can escape the tug of economic gravity. Not enough, and it just might go into a tailspin. Economists at the Federal Reserve and elsewhere are studying whether today’s slow growth is a precursor to an outright recession -- and if so, why.

  • Stagnant August Hiring in U.S. May Signal Renewed Recession

    The U.S. may be on the cusp of a recession for the first time in more than two years.

  • Fed’s Bullard Says New 2013 Rate Pledge Not a Signal for More Bond Buying

    St. Louis Federal Reserve Bank President James Bullard, who was the first Fed policy maker to urge the round of bond purchases that started last year, said the central bank isn’t signaling a third stimulus program with its commitment to keep rates near zero through mid-2013.

  • Fed’s Dudley Reduces His Expectations for U.S. Economic Growth

    Federal Reserve Bank of New York President William C. Dudley said policy makers gave a “sober assessment” of the U.S. economy this week and that he cut his forecast for growth.

  • Lockhart Says Fed Could Purchase Assets

    Federal Reserve Bank of Atlanta President Dennis Lockhart said the central bank could purchase more Treasuries or alter its balance sheet if the U.S. economy were to slow further.

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