Believes the neutral rate is higher than it used to be in the past The Funds rate is high relative to where inflation is currently Always want to keep monetary policy moving to where the economy is going.There is room to go in nominal funds rate before reaching the neutral rate. Fed has to be...
Liam Gallagher was less than enthused about the Weekend Update sketch about him and his brother on last night’s episode of Saturday Night Live. Starring Sarah Sherman as Liam and James Austin as his brother Noel, the sketch made fun of the brothers’ decades-long feud and the recently announced Oasis reunion tour. The sketch goofed...
Global food production faces unprecedented challenges as the population surges toward an estimated 10 billion by 2050. This growth, coupled with dietary shifts and increased biofuel demands, requires crop yields to double within a few decades. Yet, current agricultural practices fall short, and climate change exacerbates the issue. Rising temperatures—even...
Over 4.6 billion years ago, the early Earth emerged from a swirling disk of gas and dust encircling the young sun. This primordial material collided and coalesced, forming larger bodies through the relentless forces of gravity and impact. Among these collisions, one cataclysmic event would forever shape our planet and...
How much faster can a knight move across a chessboard than a king? It turns out, there’s a precise answer—and it’s more than just a game of strategy. Christian Táfula Santos, a doctoral student in mathematics, has calculated the knight’s advantage and published his findings on arXiv, a popular open...
