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Nobel Laureate Paul Krugman Challenges Economic Pessimism In US: 'Remember Fears That Inflation Would Get Entrenched? Not Happening'
Wednesday, January 17, 2024 - 9:46pm | 592Noted economist and Nobel laureate Paul Krugman recently highlighted the change in perceptions relating to the US economy, despite initial skepticism. What Happened: On Thursday, Paul Krugman tweeted, “A year ago those of us who said that Americans declaring that the economy was terrible also...
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Krugman Says 'Inflation Really Looks Like Yesterday's Problem' As He Points To A Metric That Is Harbinger Of Fed Rate Cuts
Saturday, January 13, 2024 - 3:54pm | 546The December consumer price inflation may have slightly overshot expectations but on Friday an economist underplayed the numbers and said pricing pressure could be a thing of the past. What Happened: “Inflation is over,” said economist and Nobel laureate Paul Krugman in a New York Times...
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IMF Raises Alarm On US Debt, Israel-Hamas War Woes, Trump Jr Slamming Paul Krugman Over Inflation And More: Top Economics News This Week
Sunday, October 15, 2023 - 5:41am | 712This week was a roller coaster ride for the global economy, with the US debt situation raising red flags, economists predicting tough times due to the Israel conflict, and ongoing debates regarding inflation. Besides this, the trend of reshoring is gaining momentum, with manufacturing jobs...
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Trump Jr. Slams Paul Krugman As 'Democratic Propagandist' After Renowned Economist Says 'War On Inflation Is Over'
Thursday, October 12, 2023 - 8:58pm | 631Donald Trump Jr., the eldest son of former U.S. President Donald Trump, criticizes economist Paul Krugman’s stance on inflation, asserting that the well-known economist is downplaying the struggles of everyday people. What Happened: On Thursday, Trump Jr. took to Twitter to criticize Paul...
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Paul Krugman Highlights Trump's Delusional Comments To Slam Disinflation Deniers: 'Much Of This Is ... A Refusal To Admit Anything Anything Might Be Going Right Under Biden'
Saturday, September 16, 2023 - 5:46pm | 731Nobel laureate Paul Krugman doubled down on his stance that the U.S. is now seeing disinflation and took an interesting example to make his case. What Happened: On Saturday, Krugman shared a video clip of Donald Trump’s speech shared by MeidasTouch.com senior digital editor Acyn Torabi, in...
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Peter Schiff Challenges Paul Krugman To Debate Over Who Won The War Over Inflation, Says The Victor Obvious To Those 'Without A Noble Prize'
Thursday, September 14, 2023 - 9:17pm | 643Well-known investor Peter Schiff has challenged Nobel laureate Paul Krugman to a debate on the winner of the inflation war, expressing a contrasting viewpoint to Krugman’s recent declaration. What Happened: Schiff, in his post on X, formerly Twitter, was at odds with...
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Paul Krugman Believes War On Inflation 'Pretty Much' Won Without Recession
Thursday, September 14, 2023 - 2:20am | 587The battle against inflation has been largely victorious, without the need for a recession, according to well-known economist Paul Krugman. This comes despite the recent U.S. inflation surge of 3.7% year-on-year in August, as reported by the Consumer Price Index (CPI), Business Insider...
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Peter Schiff Says Fed May Have 'Secretly Given Up' 2% Inflation Target: 'New Unspoken Mandate Will Be ...'
Wednesday, September 13, 2023 - 2:55am | 464The all-important consumer price inflation report for August will drop in on Wednesday and the number is closely watched by Street, given its implication for the Federal Reserve monetary policy. Gold bull Peter Schiff, however, has a differing opinion on the data's significance. What Happened:...
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China's Economic Dilemma, Apple's China Woes, US Economy Surges And Inflation Fears: Top Economy News This Week
Sunday, September 10, 2023 - 9:00am | 679The past week has been buzzing with intriguing economic news from the East and West. Notable economist Paul Krugman raised alarms about China’s economic stability, while Apple Inc. faced a new hurdle in China. Meanwhile, the U.S. economy surprised with strong performance, even as fears of...
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Paul Krugman Warns China Headed For A 'Very Nasty Fall' As Xi Jinping's Stance Resembles Republicans
Thursday, September 7, 2023 - 4:01am | 485Renowned economist Paul Krugman warned that China’s economy could face a significant downturn unless the Xi Jinping-led administration returns to its communist roots. What Happened: Krugman, in a New York Times audio essay, expressed his views that China’s economic...
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Paul Krugman Warns 'Temporary Burst Of Inflation' May Haunt the Economy For Years
Thursday, September 7, 2023 - 2:36am | 516The U.S. economy’s “temporary burst of inflation” has led to long-term psychological and political repercussions, according to economist Paul Krugman, Business Insider reported. Krugman, in a recent op-ed for The New York Times, stated that despite inflation coming down...
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Paul Krugman On Fed's Supercore' Inflation Measure: 'Dog's Breakfast' Of Strange Items
Sunday, September 3, 2023 - 9:37pm | 765On Sunday, Nobel laureate Paul Krugman, expressed skepticism regarding the Federal Reserve’s measure of “supercore” inflation, suggesting that it might not be a reliable indicator of underlying inflationary pressures. What Happened: In a series of posts on X, formerly Twitter,...
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Trump's Niece Disagrees With Branding Of Biden's Economic Policy As Failure: 'Can't Imagine Why'
Sunday, September 3, 2023 - 11:31am | 523President Joe Biden's economic policies, branded as “Bidenomics,” has elicited mixed reactions. Donald Trump's niece Mary Trump recently commented on a New York Times story that weighed on how Bidenomics has been received by people. What Happened: The Biden team's gambit of touting...
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Paul Krugman Pummels Trump's 'Stupid' 10% Import Tariff Pitch: 'Electing Him Would Mean End Of US Democracy'
Thursday, August 24, 2023 - 2:09am | 519Donald Trump and his team reportedly discussed a “universal baseline tariff” on all imports to the U.S. as part of a trade-focused economic plan for his presidential bid. Noted economist Paul Krugman weighed in on the development and said it was such a “bad idea.” What...
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Paul Krugman Backs Call To Raise Fed Inflation Target To 3% And Declare Victory: 'How Many People Should Lose Their Jobs For A Mistake?'
Tuesday, August 22, 2023 - 3:02am | 670As the Federal Reserve still holds onto its hawkish bias amid the still-elevated inflation, economists, including Paul Krugman, have been sounding out the need for increasing the central bank's inflation target. Inflation, though retreating from the levels in the summer of 2022, is still above the...