Skip to content
Apply
Stories

 Inflation, recession, soft landing? Economist has not been “this optimistic about the economy in a long time”

Will we have a recession or a soft landing? Is inflation licked, or will it roar back? Will the housing market thaw?  Economists peering into a crystal ball for 2024 are seeking many answers and—as they often do—are ready to point out many things that could throw a wrench into the United States economy. “Making a bold prediction for the economy is always a hard thing, because economists are usually so dismal,” Northeastern University Labor Economist Alicia Modestino says, laughing. 

But might there be cheer in the new year? “I haven’t been this optimistic about the economy in a long time,” says Nancy Kimelman, assistant teaching professor of economics at Northeastern. “I’m an economist, so I have to come up with something (to be nervous about), but I’m not particularly nervous—we’ve seen a lot worse in the past three to four years.”

Continue reading at Northeastern Global News.

More Stories

Israeli students hold Palestinian and Israeli flags, during a demonstration against Prime Minister Benjamin Netanyahu's new hard-right government, in Tel Aviv University's campus, on January 16, 2023. (Photo by JACK GUEZ / AFP) (Photo by JACK GUEZ/AFP via Getty Images)

A generational divide on views of Israel … in both parties, according to new survey 

02.26.2024

Capital One and Discover merger may be a response to an adjacent concern: the Visa and Mastercard duopoly, economist says

02.21.2024

Who owns the moon?

02.28.24
Northeastern Global News