The US debt problem is worsening. Without corrective action, debt will exceed 150% of GDP over the next several decades, per U.S. CBO.

It may not be the most talked-about topic, but the national debt is on the 2024 ballot, Ben Harris writes in The Hill.
thehill.com/opinion/459647…

To kick off the latest season of the Brookings Podcast on Economic Activity, Barry Eichengreen, and Peter Henry join Brookings Senior Fellow Gian Maria Milesi-Ferretti to discuss Jamaica's successful effort to shrink its public debt.

Take a listen. brookings.edu/articles/how-d…

During a joint event with Miami Dade College, Brookings Vice President Ben Harris explained how the federal government's growing debt pile can lead to higher interest rates, pricier homes, and more expensive credit card bills.

You can watch the full event here: brookings.edu/events/whats-a…

Join Brookings and Miami Dade College on 4/16 for discussions on how the next administration and Congress can responsibly manage public debt.

Brookings President Cecilia Rouse will provide a keynote before a panel featuring experts and local leaders.

Register: brookings.edu/events/whats-a…

My story for what has happened to inflation and what it means going forward.

TL;DR: Underlying inflation fell from 4.0-4.5% to 2.5-3.0% as labor markets loosened (through openings down not unemployment up). Last mile will be much harder than to date.

A shortish 🧵

Somewhat puzzling The Wall Street Journal discussion of carrying mortgage debt in retirement. Using their own example, a household would be roughly $60,000 better off--each year--carrying a $500,000 mortgage. Wouldn't it be irresponsible for advisers not to mention? wsj.com/personal-finan…

We are going to need millions of additional caregivers over the next three decades--immigrant workers are a key potential source. See my piece w Liam Marshall: brookings.edu/articles/immig…

The @NAR settlement is a big deal. Hopefully this explainer helps answer questions about its impact.

Very much appreciated the chance to be part of The Wall Street Journal's terrific explainer on the link between inflation and consumer sentiment. See it here: youtu.be/_0Emoy54R7Y?si…

Congratulations to all of the #BPEA authors, discussants, and participants who have made the Brookings Econ Spring 2024 conference a success. The program, papers, and livestream can be found here: brookings.edu/events/bpea-sp…

STARTING NOW: The second day of the Spring 2024 Brookings Papers on Economic Activity conference begins with 'Changing Central Bank Pressures and Inflation,' featuring Donald Kohn and Silvana Tenreyo of Bank of England as discussants.

Watch live here -> brookings.edu/events/bpea-sp…

On April 4, Brookings and Poynter team up for a webinar on a key question: How to report on the economy in ways that connect with the audience?

Use the discount code 24BrookBeat18 to cut Poynter’s fee from the standard $75 to just $18.

Sign up here-> poynter.org/shop/reporting…

Excited to take part in a new The Brookings Institution initiative that highlights key issues for voters heading into the 2024 election season. Here’s my explainer on inflation and its recent trajectory youtube.com/watch?v=KRzhgu…

The @NAR settlement marks a great day for US consumers: lower fees, improved choice, more mobility. For more details, see my piece w Roger Alford in Cato Institute's Regulation: cato.org/sites/cato.org…

Markets are completely ignoring the looming US election and possibility of a second Trump term. There's a high likelihood that Trump will go after Mexico as a backdoor for China exports to the US. Meanwhile, this is implied volatility in Mexico's Peso. This is beyond complacent.