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Search Result for “Federal Reserve interest rate”

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BUSINESS

What's Holding Back the World Economy?

Business, Joseph Stiglitz, Published on 15/02/2016

» Seven years after the global financial crisis in 2008, the world economy continued to stumble in 2015. According to the UN report "World Economic Situation and Prospects 2016", the average growth rate in developed economies has declined by more than 54% since the crisis. Some 44 million people are unemployed in developed nations, about 12 million more than in 2007, while inflation has reached its lowest level since the crisis.

OPINION

Young Americans 'Fed Up' with country's economy

News, Joseph Stiglitz, Published on 16/09/2015

» At the end of every August, central bankers and financiers from around the world meet in Jackson Hole, Wyoming, for the US Federal Reserve's economic symposium. This year, the participants were greeted by a large group of mostly young people, including many African- and Hispanic-Americans.