Professor Peter Morici, of the Robert H. Smith School of Business at the University of Maryland, is a recognized expert on economic policy and international economics. Prior to joining the university, he served as director of the Office of Economics at the U.S. International Trade Commission. He is the author of 18 books and monographs and has published widely in leading public policy and business journals, including the Harvard Business Review and Foreign Policy. Morici has lectured and offered executive programs at more than 100 institutions, including Columbia University, the Harvard Business School and Oxford University. His views are frequently featured on CNN, CBS, BBC, FOX, ABC, CNBC, NPR, NPB and national broadcast networks around the world.
A Commerce Department report is expected to show that the trade deficit in March widened.
Investors are strongly betting the Federal Reserve won't raise interest rates in June, but will the Fed ever be able to raise interest rates again?
Congress should ask for some changes before ratifying the deal.
Wages for all but the most skilled professionals continue to advance only slowly, and good-paying jobs and pay raises will likely be even scarcer.
The Fed may soon be selling off long term bonds acquired through three rounds of quantitative easing.
The Federal Reserve may remain 'patient' this month on raising interest rates. Here's why.
The jobs market should cool by June, which would encourage the Fed to postpone a rate Increase.
The Supreme Court should take this chance to nix Obamacare's subsidies. If it does so, the whole ACA-inspired health care reform would be upended -- but it needs to be.
Higher interest rates won't derail the economy or sink stock values.
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