News list for "Brookings Institution"
Donald Kohn, a senior fellow at the Brookings Institution and former vice chairperson of the Federal Reserve, said in a group interview with the media at the 6th Bund Financial Summit that the Federal Reserve needs to cut interest rates, whether it is 25 basis points or 50 basis points, and it is important to keep interest rates down for at least a while. Kohn analyzed that inflation is falling, so there is no need to keep policy at the current restrictive level indefinitely. Whether it is a 25 ...
In an opinion piece published in The New York Times, Eswar Prasad, a professor at Cornell University's Dyson School and a senior fellow at the Brookings Institution, expressed great concern about the risks posed by the booming cryptocurrency market. Although bitcoin has recently surged to record highs, it has received support from former US President Donald Trump and the current Vice President.
