Interest Rate Insight

Wondering what in the world is going on with the economy lately? Let Sebastian Mallaby explain.

Wondering what in the world is going on with the economy lately? Let Sebastian Mallaby explain.

Mallaby is director of the Greenberg Center for Geoeconomic Studies at the Council on Foreign Relations. In an interview with Lee Hudson Teslik ’04, a former Ledecky Undergraduate Fellow at this magazine and now the assistant editor of cfr.org, Mallaby says the Federal Reserve's latest rate cut, announced on January 22, may stem short-term panic but won't do much to help the economy in the long term. In just six minutes, Mallaby offers thoughts on what's next for Wall Street and world markets; the root causes of the present instability; and what this all means for the presidential race.

Listen to the audio file here.

Related topics
Social Sciences
Faculty
Alumni

You might also like

Jason Furman to Lead Center for Business and Government

The new director of Harvard Kennedy School’s Mossavar-Rahmani Center bridges economic research and policy.

America’s National Parks Are a $56 Billion Economic Engine

Harvard’s Linda Bilmes on measuring the economic value of public lands

A Harvard Economist Probes the Affordable Housing Crisis

From understanding gender pay gaps to the housing crisis, Rebecca Diamond’s research aims to improve lives.

Most popular

Novelist Lev Grossman on Why Fantasy Isn’t About Escapism

The Magicians author discusses his influences, from Harvard to King Arthur to Tolkien.

I Can’t Believe It’s Not Chicken (Super-Savory Grated Tofu) Recipe

Nisha Vora's super savory grated tofu recipe

Harvard Faculty Approve a Cap on A Grades

Reforms to reduce grade inflation will take effect in the fall of 2027.

House - Email

Explore More From Current Issue

Illustration of two students in Harvard hoodies, one speaking animatedly to a phone, the other reading, looking annoyed.

Undergraduate Column

We’re All Harvard Influencers, Like It or Not

In the digital age, it’s hard to avoid playing into the mythology.

A woman with long hair leans on a table, looking out a large window with rain-streaked glass.

Research

A Harvard Economist Probes the Affordable Housing Crisis

From understanding gender pay gaps to the housing crisis, Rebecca Diamond’s research aims to improve lives.

Colorful illustrated map of Colonial Cambridge and the Harvard College campus featuring buildings of the campus, houses, Cambridge Common, and the Charles River

Harvard Celebrates America’s 250th

250 Years Ago, Harvard Was Home to a Revolution

A look at the sights, sounds, and characters that put the University on the frontlines of history