economists

When people discover that I am an economist, they rarely ask me for my views on subjects that economists know a bit about%u2014such as how to respond to climate change or pay less at a supermarket.

Instead, they ask me what will happen to the economy.

Wholesale inflation soared in July, leaving U.S. prices rising at the fastest pace in nearly three decades. While recent declines in oil and other commodity prices raise hopes inflation may have peaked, some economists worry about the widespread nature of the July price surge and caution it will take more time for that pressure to ease on Wall St.

Venezuelan economists say gains in bank lending slowed sharply in the first seven months of 2008.

Housing continues to pull down the economy, but some say the pain is ending. Are they right?

Even if the economy continues to deteriorate, economists generally agree that the United States is not heading for another Great Depression.

Wall Street was in an uproar on Tuesday as stocks churned, oil plummeted, and policy makers issued a darker outlook on the economy.

Meanwhile, the dollar fell to a new low against the euro, GM said it would slash jobs and suspend its dividend, and a report showed that consumer spending slowed in June more than economists had anticipated.

Fuck.

Japan on Wednesday raised its reading for economic growth in the first quarter, driven up by a stronger-than-expected increase in capital investment.

But economists warned the world's No. 2 economy could slow to a standstill later this year.

Japan on Wednesday raised its reading for economic growth in the first quarter, driven up by a stronger-than-expected increase in capital investment.

But economists warned the world's No. 2 economy could slow to a standstill later this year.

Consumer borrowing rose in March at the fastest pace in four months, more than double the increase of the previous month, in what was seen as a sign of rising economic stress.

The Federal Reserve reported Wednesday that consumers increased their borrowing at an annual rate of 7.2 percent, compared with a 3.1 percent rate of increase in February.

"People - economists can argue over the terminology"

Fed Chairman Ben Bernanke and his colleagues opened a two-day meeting Tuesday afternoon to take a fresh pulse on the economy and decide their next move on interest rates. via SF Gate