How does the Central bank control inflation?
You may have heard in the news in the last year, that the Fed has been raising the interest rate. In this post, I will… Read More »How does the Central bank control inflation?
You may have heard in the news in the last year, that the Fed has been raising the interest rate. In this post, I will… Read More »How does the Central bank control inflation?
Today we’re going to talk about a really important topic: what are the main tools that the Federal Reserve uses to influence the economy and… Read More »What are the Fed’s new monetary policy tools?
Today, we’re diving into the fascinating world of economics to discuss a crucial concept that often goes unnoticed but has a profound impact on our… Read More »How government intervention is needed for social benefit?
In this post, we will discuss the top 6 economic trends that will become more popular in the year 2024. 2. The continued growth of… Read More »Top 6 economic trends
Picture this: you’ve arrived at the airport, excited about your upcoming trip, only to hear those dreaded words at the gate, “We regret to inform… Read More »The economics behind overbooking done by the Airlines
The answer to this question is not very easy. I think it depends on a person’s income or wealth level and state of their mind.… Read More »Does more money make people happier?
What people like you and me think about inflation directly impacts the actual inflation rate. So, if we think inflation will be high in the… Read More »How does people’s expectation about inflation affect the actual inflation?
Two days ago, President Joe Biden proudly posted that the unemployment rate in the US was 3.5% in July. This matched the lowest rate in… Read More »The jobs market in the US is still going strong
Today, I explain some of the most widely used macroeconomic terms relating to a country’s economic performance. These are the terms we often read in… Read More »Commonly used macroeconomic terms that you should know
Our economies are complex, but by making some simple assumptions, we can focus on what is most relevant in explaining something. For this reason, economists… Read More »What role do models and graphs play in economics?