According to the BEA, the advance estimate of GDP growth in the third quarter is 2.9%, which is a significant improvement on the second quarter (1.4%). So maybe there is no recession in the near future (Neil Irwin might be right about that), which does not mean Yellen should hike the Fed rate in December anyway.
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The Return of Trump, Part 1 of the interviews for the Celso Furtado Center
Interview with my old office mate at the New School Center for Economic Policy Analysis, now The Schwartz Center for Economic Policy Analysi...
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