May 2, 2023

Monetary Shocks Could Trigger ‘Negative Impacts’ on US Economy in 2023, 2024: Research

A new working paper stated that the U.S. economy could witness "substantial negative impacts" on real GDP, unemployment, and inflation in 2023 and 2024 based on previous monetary shocks since 1946. The National Bureau of Economic Research (NBER) recently published ...