Nobel laureate Joseph Stiglitz wants the Fed to deliver a big rate cut

Nobel laureate Joseph Stiglitz wants the Fed to deliver a big rate cut

Nobel Prize-winning economist Joseph Stiglitz says the Federal Reserve should deliver a half-point interest rate cut at its forthcoming meeting, accusing the U.S. central bank of going “too far, too fast” with monetary policy tightening and making the inflation problem worse. His comments come ahead of Friday’s pivotal release of U.S. jobs data, with investors … Read more

Nobel prize-winning economists warn Trump would ‘reignite’ inflation

Nobel prize-winning economists warn Trump would ‘reignite’ inflation

Joseph Stiglitz Cameron Costa | CNBC Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to serve a second term, including reheated inflation. “While each of us has different views on the particulars of various economic policies, we all agree that … Read more