Despite developments in AI, tariffs, and geopolitical conflict, the US economy remains largely unchanged. BWC Member Jason Furman notes that the economy is like an “ocean liner” and moves slowly, making it less influenced by short-term events or political shifts. While headlines may suggest a fluctuating economy, key indicators like growth, inflation, and employment show that the underlying data remains relatively steady.

To read on The New York Times, click here. 

All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.