Reported 11 days ago
In a discussion with Yahoo Finance, Nobel laureate Joseph Stiglitz highlighted the dependence of the US economy's resilience on global stability. He praised the Biden administration for reducing inflation and warned against the potential risks of tariffs proposed by Trump, which could destabilize international relations and disrupt supply chains. Stiglitz underscored that while high interest rates present challenges, stability in fiscal policy and foreign relationships is crucial for the US economy's continued success.
Source: YAHOO