Economy – Page 7 – Vanderbilt Business Review

16

Sep

All Posts, Economy, Economy and Government

Why Does the Fed Target 2% Inflation?

Since January 2012, the Federal Reserve has maintained a target of 2 percent inflation for the US economy. The target allows the Fed to perform its congressionally mandated jobs of maintaining price stability and maximum employment. Before the 1970s, economists believed inflation and unemployment had a permanent negative correlation so…

Dry Powder: Economic Threats in the Post-Pandemic Era

31

Aug

By Maxwell Qian

All Posts, Economy, Economy and Government

Dry Powder: Economic Threats in the Post-Pandemic Era

As part of the historic 2nd quarter contraction in the US gross domestic product, investment spending decreased by a massive 49% under the duress precipitated by the COVID-19 pandemic. Poor general economic conditions translated to uncertainty in the minds of investors. Meanwhile, investors received government relief aid that they did…

Emissions Bounce Back as Economies Reopen

22

Jul

By Maxwell Qian

All Posts, Economy, SustainabilityCOVID-19

Emissions Bounce Back as Economies Reopen

As people around the world faced forced confinements caused by the COVID-19 pandemic, global greenhouse gas emissions fell as a result. A study led by climate scientist Corinne Le Quéré of the University of East Anglia published in the journal Nature estimated that emissions fell by 8% compared with 2019…

Negative Interest Rates: A Novel Solution or a Novelty Item?

02

Jun

By Maxwell Qian

All Posts, Economy, Economy and GovernmentCOVID-19

Negative Interest Rates: A Novel Solution or a Novelty Item?

In the wake of the economic downturn caused by the COVID-19 pandemic, some in the United States, including president Donald Trump, have called on the Federal Reserve to push interest rates below zero. Negative interest rates would be unprecedented in the US but they have become established monetary policy in…

01

Apr

By Joshua Power

All Posts, Economy, Economy and GovernmentCOVID-19

COVID-19: A New Kind of Economic Challenge

COVID-19–the highly contagious respiratory illness–has rapidly become a global pandemic, with countries closing borders, restricting domestic and international travel, closing businesses, and even enforcing national quarantines. While the top priority of every country is to treat the ill, develop a cure, and ultimately distribute a vaccine for the virus, the…

19

Mar

By Dave Ghosh

All Posts, Economy, Economy and GovernmentCOVID-19

Coronavirus and the Economy: A Forced Recession?

For years, many have talked about the inevitability of a recession. Throughout my time at Vanderbilt, discussions regarding how it will be difficult to find a job when we graduate always came up. In this unprecedented time, it seems as if the global economy is on the verge of collapsing.…

06

Oct

By Maxwell Qian

All Posts, Economy, Economy and Government

The Federal Reserve September Meeting

On Wednesday, the Federal Reserve concluded its September meeting in which it lowered the target range for the federal funds rate from 2 percent to 2¼ percent to 1¾ percent to 2 percent. In its statement regarding the decision, the Federal Reserve indicated that a weakening global economic outlook combined…