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.

You might also like

How AI Energy Demand Costs Consumers

Utilities shift AI infrastructure costs onto consumers.

Nicole Maestas

The Harvard health economist not afraid to get in the weeds

Making Money Funny

Matt Levine’s spunky Bloomberg column

Most popular

The Professor Who Quantified Democracy

Erica Chenoweth’s data shows how—and when—authoritarians fall.

Remembering Tom Lehrer

The mathematician and satirist kept Harvard in his thoughts—and lyrics

Harvard Layoffs Continue, with More to Come

In the wake of federal government actions, several Harvard schools and institutes are cutting costs.

Explore More From Current Issue

A six-foot-tall, five-panel folded screen stands in a field of grass next to the woods. It's painted different shades of green, with some squares cut out that represent digital pixels.

Julia Rooney’s paintings cross the analog-digital divide.

A computer bank, hovering ove a city, with electric wires coming out from the bottom and attaching themselfs into the city

Utilities shift AI infrastructure costs onto consumers.

a couple sitting at a park overlooking the ocean

Enjoying Boston Harbor’s Renaissance this summer