School News
In an op-ed, Ashish Bhatia, Assistant Dean of Students, Engagement, & Innovation for Stern's Undergraduate College, discusses the potential implications of the Federal Reserve's interest rate increase
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Excerpt from LinkedIn -- "We are still less than a decade from the darkest economic times in our recent history. The national debt is at or about 100% of GDP, the Fed has a balance sheet that is more than five times its pre-crisis size, and inflation just finally ticked up to where we like to see it. The political attacks that surround the Fed are not new to central banking but the economy is still on recovering ground, and not in a place where we can afford to make any mistakes."
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