Jason Furman

Renowned economist and Ford School Professor Justin Wolfers has weighed in on the current market turbulence, attributing significant volatility to fears of insider knowledge and recent Federal Reserve decisions. What Happened: Wolfers took to social media platform X, to discuss the recent market...

Major United States indexes saw substantial losses on Friday after the Bureau of Labor Statistics released an especially weak jobs report. Meanwhile, a few economists speculated that the unemployment surge could be partly attributed to July’s Hurricane Beryl. July Jobs Report: Nonfarm...

Jason Furman, a prominent economist and the former Chair of the Council of Economic Advisers under former President Barack Obama‘s administration, has shared his insights on the current inflation scenario in the U.S. What Happened: Furman provided an analysis of the inflation data for June in...

Jason Furman, a prominent figure in former President Barack Obama‘s administration, suggested that the current economic conditions may warrant a less restrictive policy, in a recent social media post. What Happened: In a recent post on X, Furman, who is currently a Professor of Practice at...

Obama-Era economist Jason Furman questioned whether policymakers should endeavor to return prices to their previous levels after they’ve risen by 20%. What Happened: In a recent post on X, formerly Twitter, Furman highlighted data from Shiller’s 1997 survey suggesting that while 92% of...

Prominent economist and Obama-era Chair of the Council of Economic Advisers Jason Furman, in a recent tweet thread, shared his analysis of inflation patterns and the potential implications for the Federal Reserve’s future decisions. What Happened: Furman, in his posts on X, formerly Twitter,...

As the Federal Reserve still holds onto its hawkish bias amid the still-elevated inflation, economists, including Paul Krugman, have been sounding out the need for increasing the central bank's inflation target. Inflation, though retreating from the levels in the summer of 2022, is still above the...

In a recent tweet, Jason Furman, a prominent economist and former Chairman of the Council of Economic Advisers during President Barack Obama‘s term, shared his insights on the Federal Reserve’s latest decision to raise interest rates. What Happened: Furman quoting a ...

Harvard professor and noted economist Jason Furman believes the debt ceiling agreement is significantly better than nothing but said it was too close for comfort. "The budget/debt agreement is vastly better than nothing and probably about where things would have landed in a regular appropriations...

Harvard Professor Jason Furman believes the Federal Reserve is in danger of falling behind the curve again which may increase the cost of reining in inflation. "The Fed doesn’t need to change course at its March meeting — it should stick with the reaction function it set out. Which, in light...

Investors got some disappointing news about the economic rebound Thursday when the U.S. Commerce Department reported third-quarter GDP growth that fell short of economist expectations. What Happened? U.S. GDP grew just 2% in the third quarter, short of economist estimates of 2.8%. Third-quarter...

The infrastructure deal and the Build Back Better plan — which could be passed through reconciliation due to a lack of support in Congress — is part of the ongoing inflation debate. Essentially, the question is whether inflation will continue to increase, or moderate...

Multiple high-profile Democrats, including rookie Congresswoman Alexandria Ocasio-Cortez and presidential candidate and Massachusetts Sen. Elizabeth Warren, are calling for higher taxes. In a Monday debate on CNBC's "Squawk Box" segment, the show's co-host...