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In the eurozone, the forces that kept rates low before the pandemic, including slower growth and an aging population, are likely to re-emerge, ultimately sending them back closer to zero, said Joseph Gagnon, senior fellow at the Peterson Institute for International Economics.
Date: Jun 06, 2024
Category: Business
Source: Google
As Recession Concerns Mount, Dozens of Central Banks Are Cutting Rates
In a world with already low interest rates, the international environment becomes more important, because depreciation of the currency is the one remaining option, said Joseph Gagnon, an economist at the Peterson Institute for International Economics and formerly the Fed. And surely that has prob
Date: Aug 15, 2019
Category: U.S.
Source: Google
Bourse Investors Join Avocado Lovers in Potential Border-Tax Hit
Investors may be in for a rude shock," said Joseph Gagnon, a senior fellow at the Peterson Institute for International Economics and a former senior economist and associate director at the U.S. Federal Reserve Board.
Date: Feb 02, 2017
Category: Business
Source: Google
Fed Running Out of Forward Guidance as Markets Exhaust Tool
If you really ultimately want to get to higher rates, paradoxically, the best way may be to overheat the economy now by keeping them too low for too long, said Joseph Gagnon, a former Fed economist who is now a senior fellow at the Peterson Institute for International Economics in Washington.
Date: Sep 16, 2016
Category: Business
Source: Google
Fed Policy Path to Be Shaped by ECB, BOJ Moves in Coming Days
"Its a strange dance," said Joseph Gagnon, a former Fed official now at the Peterson Institute for International Economics in Washington. "When they move in the direction of higher rates, the dollar goes up and that delays them from doing something."
Date: Mar 09, 2016
Category: Business
Source: Google
Weak growth, shaky markets put pressure on central banks
Everything is going South, says former Fed official Joseph Gagnon, senior fellow at the Peterson Institute for International Economics. I predict (the Fed) will not be raising rates in the next few meetings and maybe not in the first half of the year.
Date: Jan 23, 2016
Category: Business
Source: Google
No-Exit Strategy May Be Fed Burden in Unwinding Stimulus
I dont like the political or economic implications of the plan, Joseph Gagnon, a former Fed and U.S. Treasury official who is now at the Peterson Institute of International Economics in Washington, said in an e-mail.
s key short-term rate at a record low well past the time unemployment dips below 6.5 percent from todays 7 percent. Many short-term loans will remain cheap. They have tried to sugarcoat the pill, says Joseph Gagnon, senior fellow at the Peterson Institute for International Economics.
Lowell Massachusetts Okinawa Japan Nashua New Hampshire Melbourne Florida Jacksonville North Carolina
Work:
Bob's Discount Furniture - Team Support Specialist (2010)
Education:
Lowell High School - GenEd, Salem State College - English/Theatre
About:
I've been a writer for as long as I can remember. Sometimes I tried to fight the urge for money, but it didn't end up working out. Contrary to the popular belief, writing doesn't have to...
Bragging Rights:
Has written three novels, maintains an amusing website about everything