inflation Archives

people holding signs at a protest against roe v wade being overturned

Overturning Roe v. Wade will put even more of an economic burden on women, Northeastern economist says

The Supreme Court’s decision could have long-lasting, devastating consequences for the career growth, compensation and education of women, particularly women of color. But outlawing abortion will cost not just women but the system as a whole, Northeastern economist Alicia Modestino says.

by Cody Mello-Klein June 27, 2022

Is gas tax holiday a terrible idea? This economist says yes

Tax cuts are a form of fiscal stimulus that are not currently needed, a Northeastern expert says, especially in the midst of an existential environmental crisis.

by Alena Kuzub June 23, 2022

People walk by the New York Stock Exchange (NYSE) on May 12, 2022 in New York City.

How long will inflation last? And will it trigger a recession?

The causes of inflation were hard to anticipate, says Robert Triest, chair and professor of economics at Northeastern. But he is optimistic that the outcome of the current wave of rising prices is predictable—and that it will result in a relatively favorable ending.

by Ian Thomsen May 17, 2022

The U.S. Federal Reserve building in Washington, D.C., the United States. U.S. Federal Reserve Chairman Jerome Powell on Wednesday reaffirmed the central bank's plan to raise interest rates in the upcoming policy meeting, noting that he is inclined to support a 25-basis-point rate hike. Photo by Liu Jie/Xinhua via Getty Images

What does the US have to do to avoid a recession?

A recessionary period, defined as two or more consecutive quarters of negative GDP growth, may be inevitable in the coming months as the Federal Reserve begins raising interest rates in an effort to crack down on inflation, Northeastern economists say.

by Tanner Stening April 13, 2022

Pedestrians walk past the New York Stock Exchange. Stocks have fallen sharply so far this year as the market readies for the Federal Reserve to raise interest rates to try to tame inflation, which is at its highest level in nearly four decades. AP Photo/John Minchillo

What is causing inflation?

The U.S. is experiencing its highest annual inflation rate since the 1980s. The causes of the overheated economy are far different today, says Robert Triest, chair and professor of economics at Northeastern, who offers ways to gauge this peculiar moment in history.

by Ian Thomsen January 26, 2022

Here’s why your presents may not arrive in time for the holidays

Supply-chain shortages will distress the global economy far beyond the holiday shopping season, says Nada Sanders, distinguished professor of supply chain management at Northeastern. “The holidays are going to be dismal,” adds Sanders, who warns that government and business leaders are missing an opportunity to mitigate the crisis.

by Ian Thomsen October 22, 2021

Inflation rates have increased in the United Kingdom due to a combination of post-pandemic spending and Brexit bureaucracy.
Photo by Alyssa Stone/Northeastern University

Brexit bureaucracy another burr under Britain’s economic bounceback

Consumers in the United Kingdom are paying more for everything from fuel to sneakers thanks, in part, to Brexit. The separation has added an additional layer of bureaucratic snarl as the United Kingdom works towards a post-pandemic economic recovery, say two Northeastern scholars.

by Hillary Chabot August 2, 2021

Portrait of a man in a suit jacket and tie

The cost of cars, furniture, and hot dogs have gone through the roof. A Northeastern finance professor explains what is going on.

Are we in a new inflationary era? The economic shocks of the pandemic have helped fuel rising prices in some sectors, along with higher wages. Paul Chiou, finance professor at Northeastern, weighs in on what could happen from here.

by Peter Ramjug July 20, 2021

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