Economics Professor Scott Sumner provides insight on how the Federal Reserve Bank's recent decisions relate to his framework for nominal GDP targeting and what implications this will have for the U.S. economy.
Toni Wolfman, executive adviser at the Center for Women and Business, comments on the unfortunately slow progress of women rising to business leadership roles. Also picked up by Business Insider, Portland Press Herald, Traverse City Record-Eagle and more.
While explaining the Federal Reserve's recent progress, Economics Professor Scott Sumner is noted for championing rule-based actions that would provide stable expectations and prevent the economy from being jostled by shocks to aggregate demand.
Professor of Economics Scott Sumner offers insight on the Fed forecasting inflation, unemployment and real gross-domestic-product growth in the current year, the next few calendar years and “over the longer run.”