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

Harvard Discloses Top Earners’ Compensation

The University files its annual report for tax-exempt organizations.

Social Media Use and Adult Depression

A survey reveals suprising links between social media use and depression in adults.

AI Outperforms Doctors in Emergency Room Tasks, New Harvard Study Shows

Researchers say the technology could help physicians with triage, diagnosis.

House - Email

Explore More From Current Issue

Portrait of a man with white hair, wearing a black coat, arms crossed, thoughtful expression.

Harvard Celebrates America’s 250th

The Framer Who Refused to Sign the Constitution

Harvard’s Elbridge Gerry helped draft the U.S. Constitution, but worried it might create a new monarch.

Brick archway with a sandy base, surrounded by wooden planks and boxes in a dim space.

Harvard Celebrates America’s 250th

How the American Revolution Freed a Future Abolitionist

Darby Vassall, an enslaved child freed after the Battle of Bunker Hill, dedicated his life to fighting for liberty.

A glowing orange sun with a star and a trailing gas cloud in space.

Research

A Harvard Astrophysicist Explains the Bizarre Behavior of a Supergiant Star

The dimming and rapid rotation of Betelgeuse may be caused by a hidden companion.