Joe Gagnon cited in The Wall Street Journal article, “What Does the Bond Market Know about Inflation?”

"How good is the bond market at predicting inflation? Joseph Gagnon, senior fellow at the Peterson Institute for International Economics, suggests that yields are far more closely correlated with past inflation than future inflation, though much of the data used predates the existence of inflation-protected bonds…" Read the full article here: Full Article

2021-07-20T20:11:55-04:00June 11, 2021|Economy & Trade|

Joe Gagnon quoted in The Hill article, “Biden Faces Dilemma on Trump Steel Tariffs”

"Joe Gagnon, a senior fellow at the Peterson Institute for International Economics in Washington, says that even though tariffs can drive up some prices, they have little to do with widespread inflation. "'The economy basically wants to keep the same trade balance, which is driven by other forces,' he said. 'Tariffs tend to make the dollar go up, and what that does is lower other import prices…'" Read the full article here: Full Article

2021-07-20T19:33:41-04:00May 27, 2021|Economy & Trade|

Bob Work quoted in National Defense article, “Semiconductor Shortage Shines Light on Weak Supply Chain”

"Bob Work, former deputy secretary of defense and the current co-chair of the National Security Commission on Artificial Intelligence, said the United States currently has a two-generation lead on China in advanced hardware such as semiconductors. "However, 'we’re 110 miles away from going two generations ahead to maybe two generations behind,' he said during the unveiling of the commission’s final report in March. 'If China absorbed Taiwan — which is the source of many of the world’s hardware — that would [...]

2021-07-20T19:32:06-04:00May 21, 2021|Economy & Trade|

John Costello quoted in Vox article, “Biden Is Using His Economic Plan To Challenge China”

"Instead of working with allies to box China in, the US would make a series of moves to derail Beijing’s economic future. 'Trump looked to reduce China’s ability to compete, whether it was in cyber, tech, or economics,' said John Costello, who served as a top Commerce Department official for intelligence and security in the Trump administration… "Biden’s is essentially a two-pronged approach. The first is the domestic piece, which experts explain is about essentially beating China in a domestic race [...]

2021-04-26T08:30:01-04:00April 26, 2021|Economy & Trade|

Joe Gagnon cited in The Wall Street Journal article, “History Offers Only Rough Guide to the Coming Economic Boom”

"[W]ith forecasters looking for the economy to grow an additional 3.3% next year, by the end of 2022 GDP could be 2.7% above the Congressional Budget Office’s estimate of its 'potential,' or the level it can sustain without running too hot. The last time GDP got that far above potential was 1973, when the U.S. was experiencing a serious inflation problem that wouldn’t be snuffed until the early 1980s. "The seeds for the 1970s experience were sown in the 1960s, when [...]

2021-04-24T09:00:45-04:00April 24, 2021|Economy & Trade|

Andrea Kendall-Taylor quoted in The Financial Times article, “Biden Shows He Will Wield US Financial System as Foreign Policy Weapon”

"At stake, said Andrea Kendall-Taylor, who was appointed Biden’s NSC Russia director before declining for personal reasons, is the dominance of the US dollar and America’s unassailed lead in the global financial system, which relies on New York as international dollar clearing house…" Read the full article here: Full Article

2021-04-17T00:00:27-04:00April 17, 2021|Economy & Trade|

Joe Gagnon interviewed in Marketplace Morning Report, “How Will Inflation Move In Post-COVID Recovery?”

"The federal reserve and the Biden administration have been trying to prepare the country for temporary, modest inflation this year, around 2.3% or so, as the economy recovers. But some are worried we might see more significant and durable rises in prices. "Joseph Gagnon, senior fellow at the Peterson Institute for International Economics, is somewhere in between. 'Marketplace Morning Report' host Sabri Ben-Achour spoke with Gagnon, also a former economist at the Federal Reserve, about the prevailing opinions about how economic [...]

2021-04-16T00:00:44-04:00April 16, 2021|Economy & Trade|

Andrea Kendall-Taylor quoted in The Washington Post article, “Biden Administration Imposes Significant Economic Sanctions on Russia Over Cyberspying, Efforts to Influence Presidential Election”

"'It’s good to clearly message our priorities to Russia,' said Andrea Kendall-Taylor, a senior fellow at the Center for a New American Security. 'By packaging a response to several things at once, the administration can get off the back foot and move on its agenda. What we don’t want is to always be in response mode to Russia…'" Read the full article here: Full Article

2021-04-15T17:25:29-04:00April 15, 2021|Economy & Trade|

Joe Gagnon quoted in Voice of America article, “Does US Economic Stimulus Boost the Global Economy?”

"'The government is sending out checks to everybody,' said Joseph Gagnon, a senior fellow at the Peterson Institute for International Economics. 'Households and state and local governments are buying all kinds of supplies for education and health care — we haven't had a government budget deficit this big since World War II…'" Read the full article here: Full Article

2021-04-15T16:47:28-04:00April 15, 2021|Economy & Trade|

Andrea Kendall-Taylor quoted in Voice of America article, “US Further Punishes Russia for Cyberattacks, Election Meddling”

"According to Andrea Kendall-Taylor, senior fellow and director of the Transatlantic Security Program at the Center for a New American Security, this package of sanctions does not really relate to what is going on with Ukraine. She terms it the Biden administration's way of wrapping up unfinished business with other issues, allowing a pivot 'to a more proactive, future-oriented relationship with Russia…'" Read the full article here: Full Article

2021-04-15T16:24:29-04:00April 15, 2021|Economy & Trade|
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