December 5, 2023
NEW YORK: Most business economists think the US economy could avoid a recession next year, even if the job market ends up weakening under the weight of high interest rates, according to a survey released on Monday. Only 24 percent of economists surveyed by the National Association for Business Economics said they see a recession
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INFLATION likely moderated for a second straight month in November, analysts said, giving monetary authorities added leeway to keep key interest rates unchanged for the rest of the year. The median forecast in a survey of 13 economists was 4.4 percent, within the Bangko Sentral ng Pilipinas’ (BSP) 4.0- to 4.8-percent projection for the month
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Taking cues from his economic advisers, President Joe Biden has announced a proposed 25 percent minimum tax on the wealthy as a centerpiece of his “Bidenomics” plan. This “billionaire tax,” which he outlined in a speech last month, is premised on the notion that the U.S. tax system provides too many breaks to the highest
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Economists often run into situations where they need to type out mathematical formulae or draw up a graph, especially for research papers. But, anyone who’s attempted to do so knows that math symbols and complicated graphs are very difficult to produce using typical word processor options. So, what’s a humble econometrician to do? Enter LaTeX,
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Being (or becoming!) an economist probably seems like a good idea. After all, you’re reading the INOMICS Blog! Beyond reading relevant advice and interesting articles, it can be helpful to have real data to answer questions about the job market for economists. Are economists in demand? Is it a good idea to pursue a Master’s
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Receive free Global Economy updates We’ll send you a myFT Daily Digest email rounding up the latest Global Economy news every morning. As evidence mounts that global economic activity is slowing, economists, financial markets and most central banks have become convinced that no further interest rate rises will be needed. This week policymakers in the
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The academic history profession has a problem with intellectual integrity. Over the past decade, a cottage industry has emerged in elite university departments that explicitly aims to tear down free-market economists (often misnamed as “neoliberals”) by accusing them of racism, fascism, and similarly discredited beliefs. Although these are serious charges, the historians who make them
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Receive free US interest rates updates We’ll send you a myFT Daily Digest email rounding up the latest US interest rates news every morning. The US Federal Reserve will defy investors’ expectations and raise interest rates by at least another quarter-point, according to a majority of leading academic economists polled by the Financial Times. More
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KUALA LUMPUR: Economists on Monday said the Malaysian government’s New Industrial Master Plan 2030 (NIMP) will boost the country’s economy. Research firm UOB Kayhian said in a note that the NIMP 2030 is a comprehensive blueprint that lays out ambitious targets with a pragmatic plan that is accompanied by a proper governance structure to address
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Receive free Global Economy updates We’ll send you a myFT Daily Digest email rounding up the latest Global Economy news every morning. This article is an on-site version of our Disrupted Times newsletter. Sign up here to get the newsletter sent straight to your inbox three times a week Today’s top stories For up-to-the-minute news
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