When Federal Reserve Bank of New York President John Williams visited Pace, it was more than a campus event. It was a student-driven moment that showcased the impact of our Economics program and the strength of our award-winning Fed Challenge team.
Faculty and Staff
Econ Prof Writes Op-ed in The Conversation on the Unintended Consequences of TrumpÂé¶¹´«Ã½™s Policies on Inflation
After a brief discussion on stagnant real wages and the minimum wage's declining real value, Dolar broke down three of TrumpÂé¶¹´«Ã½™s economic policies that may have the opposite effect of what his supporters had hoped for. These include tariffs (Americans usually paying the bill); the deportation of millions of migrants (the creation of a labor shortage); and tax cuts (risking fueling too much demand and resulting price hikes).
She said, Âé¶¹´«Ã½œTaken together, many of TrumpÂé¶¹´«Ã½™s proposed policies may inadvertently fuel another Âé¶¹´«Ã½˜inflation nightmare.Âé¶¹´«Ã½™Âé¶¹´«Ã½
This piece was also published in The Sun Chronicle, The Houston Chronicle, Seattle PI, Fast Company, and Yahoo Finance.