US economy
Economy

The US economy is looking bright thanks to falling inflation and no sign of recession, Nobel economist Paul Krugman says

Paul Krugman sounded an optimistic note on the economy, saying recent news has been increasingly encouraging. The Nobel Prize-winning economist referred to falling inflation and noted there are no signs of a recession. He added, […]

US inflation
Economy

US inflation just hit the lowest in almost 2 years, throwing further Fed rate hikes into question. Here’s how President Joe Biden, Paul Krugman, David Rosenberg, and 4 others reacted.

US inflation has cooled to its slowest pace since May 2021, casting doubt on further Fed interest-rate hikes. Annual gains in the Consumer Price Index declined to 4.9% in April, according to data released Wednesday. […]