Description
Inflation in the US has proved remarkably stubborn. The most recent figures show it fell less than expected in January, to 3.1 percent, well above the Federal Reserve’s target rate of 2 percent. In response, the futures markets slashed their expectations that the Fed will lower interest rates any time soon from its current level of 5.25-5.5 percent. The labor market is still relatively tight, and consumers keep spending. Many observers think a recession is increasingly unlikely, but a soft landing is hardly guaranteed.
In this episode, Charles Evans, President of the Federal Reserve Bank of Chicago from 2007 to 2023, and Chicago Booth’s Anil Kashyap, discuss how the Fed is thinking about the US economy.
The market for services is global, and many of us are used to having our issues fielded by someone in India. For decades, big companies in the US and Europe have set up global capability centers in India to handle back-office operations. In this episode, we hear from Chicago Booth’s Raghuram...
Published 05/22/24
New York Times columnist David Brooks’ latest book, How to Know a Person is about our ability to know others, and to make them feel valued and understood. In this episode, Brooks talks to Chicago Booth’s Nick Epley about how seemingly small, everyday interactions can significantly shape our...
Published 05/15/24