Is the U.S. economy headed for a soft landing?, what to watch at the U.N. General Assembly, and a path to lower greenhouse gas emissions.
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Brookings Brief

September 18, 2023

 

Editor’s note: The new Global India podcast, hosted by Tanvi Madan, launches with its first episode this week! This inaugural season will focus on India’s relationship with China and its implications for the rest of the world. Follow the show on your preferred podcast app to catch every conversation.

Pump jacks operate at sunset in an oil field in Midland, Texas.
Reducing US oil demand, not production, is the way forward for the climate
 

The desire to phase out fossil fuels has led some to call for a reduction or elimination of U.S. oil production, but other producers will easily step in to meet oil demand if the United States does not. In a new paper, Samantha Gross takes a deep dive on the complexities around cutting American oil production and argues for a more effective path toward lower emissions. 

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A cyclist passes the Federal Reserve building in Washington, DC
Is the US economy headed for a soft landing?
 

If the Federal Reserve can raise interest rates just enough to slow the U.S. economy and reduce inflation without causing a recession, it has achieved what is known as a “soft landing.” In this explainer, Sam Boocker and David Wessel provide examples of soft and hard landings from history and discuss America’s current economic trajectory.

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Secretary-General Antonio Guterres speaks on his priorities for 2023 during 58th plenary meeting of the General Assembly at UN Headquarters in New York
What to watch for at UNGA 2023
 

This week, high-level meetings kick off at the 78th session of the U.N. General Assembly (UNGA). The gathering presents an important opportunity to accelerate progress on the sustainable development goals and address key global issues. Brookings experts share what they will be keeping an eye on. 

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