With the unemployment rate inching lower and lower, policymakers predict recovery from the recession is imminent. But the Federal Reserve could help create even more jobs by keeping interest rates near zero and tolerating a little inflation, a Johns Hopkins University economist argues.
Recent news from The Johns Hopkins University
This section contains regularly updated highlights of the news from around The Johns Hopkins University. Links to the complete news reports from the nine schools, the Applied Physics Laboratory and other centers and institutes are to the left, as are links to help news media contact the Johns Hopkins communications offices.
The idea that there could be a single blueprint for rows and rows of fail-safe banks is particularly attractive in the midst of a global recession caused in part by the collapse of several major financial institutions. But such a map is not that easy to achieve, according to Johns Hopkins University economist Caroline Fohlin.
Several scholars at The Johns Hopkins University are available to help reporters with stories about the federal debt ceiling, including whether it should be raised by the deadline on Tuesday, Aug. 2, and the effect that either raising or lowering the debt limit will have on world affairs.