economist

US inflation will likely hit double digits this summer as the ripple effects of the Russian invasion of Ukraine lead to further financial pain for American households, according to famed economist Mohamed El-Erian. El-Erian issued the dire warning...

Economist Milton Friedman famously taught us that monetary policy operates with long and variable lags. By this he meant that it takes time for the Federal Reserve's actions to affect the economy, in much the same way as it takes time for a room's...

The onset of debilitating stagflation within the US economy is likely “unavoidable” even if the Federal Reserve manages to avoid a full-fledged recession, famed economist Mohamed El-Erian warned on Wednesday.

Young workers who entered the US job market in the throes of the pandemic in 2020 faced an uphill battle. Hiring on LinkedIn dropped off dramatically, and widespread layoffs hit Gen Z more severely than most other groups.

JPMorgan Chase boss Jamie Dimon’s view of a looming “hurricane” for the US economy has some notable dissenters, including his bank’s own chief economist Bruce Kasman, who sees clearer skies.

Noble prize-winning economist Robert Shiller said he sees a “good chance” that the US economy will sink into a recession – a warning that came in advance of May Consumer Price Index data.

Inflation has forced the average American household to cough up an extra $460 per month, Moody's Analytics senior economist Ryan Sweet estimates.

El-Erian, chief economic advisor at Allianz, appeared on CBS's "Face the Nation" to discuss what caused the current inflation and where it was likely to be heading.

The scorching pandemic-era US housing market is on the verge of a “coast to coast” price correction as the Federal Reserve hikes interest rates, a prominent economist warned this week. Mark Zandi, chief economist at Moody’s Analytics, said his...

Economist Stephen Moore warned on Monday that the United States is already in a "soft recession."

It's "almost impossible" for the Fed to tamp down inflation without tipping the US economy into a recession, says Former IMF Chief Economist Ken Rogoff.

Political economist and university professor Ahilan Kadirgamar, who took part in Saturday's protests in Colombo, puts Sri Lanka's economic and political crisis in context with a dire warning about the country's future

White House chief economist Jared Bernstein admitted that the Biden administration's use of the word "transitory" to describe inflation was wrong.

US home builder confidence plummeted 12 points to 55 in July, according to the latest data from the National Association of Home Builders/Wells Fargo Housing Market Index.

The US housing market is on the cusp of a “deep freeze” as rising mortgage rates and steep home prices conspire to limit buying and selling activity, an economist warned.

Carsten Brzeski, a top economist at the Dutch Bank ING, can tick off a long list of factors that could collectively tip Europe's economy into a recession.

Decades-high inflation and surging mortgage rates have crushed the buying power of would-be homeowners.

“Purchase demand continues to tumble," according to Freddie Mac chief economist Sam Khater.

Economist Phillip Magness has accused Facebook of being "Orwellian" after his recent post declaring that the US was in a recession had been fact-checked and labeled partially false.

An Iraqi actress is set to sue a British newspaper after it published a picture of her in an article about "fat" women.