interest rates

Former Fed Chairman Robert Heller on why we need to stop raising interest rates now

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font size The money supply is declining in absolute terms. Additional tightening by the US Federal Reserve risks triggering a recession, writes Robert Heller. El Drago/Bloomberg About the author: Robert Heller He is a former member of the Board of Governors of the Federal Reserve System. Inflation is the most important issue facing the economy … Read more

What layoffs in technology and the media say about the economy

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This is a newsletter by Derek Thompson about business, technology, and how to solve some of America’s biggest problems. Register here to receive it every week. Alphabet, the parent company of Google, announced today that it plans to cut 12,000 jobs, joining a slate of technology and media layoffs that already includes Microsoft, Meta, Amazon, … Read more