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.
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. | 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. | 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. | 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. | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |