Ernie Tedeschi

Ernie Tedeschi

Ernie Tedeschi is the director of economics at the Budget Lab at Yale University and the former chief economist at the White House Council of Economic Advisers under the Biden administration.

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Artificial Intelligence Startups Proliferate In Bay Area

Bloomberg Opinion

Three Exaggerations About the US Economy Right Now

October 15, 2025

October 15, 2025

OpinionErnie Tedeschi

Three Exaggerations About the US Economy Right Now

Artificial Intelligence Startups Proliferate In Bay Area

August 21, 2025

August 21, 2025

OpinionErnie Tedeschi

The Steep Cost of Tariffs Is Finally Coming Into Focus

If the original motivation was to reduce trade deficits, it now looks as if the only way that will happen is through slower economic growth and investment.

Trump's Tariffs Rattle International Importers To The U.S.

July 16, 2025

July 16, 2025

OpinionErnie Tedeschi

A Politically Captive Fed Would Be a Weak Fed

The Trump administration is demanding the central bank slash interest rates. Ironically, that would likely cause your borrowing costs to rise.

US Federal Reserve Board Chairman Jerome Powell

June 11, 2025

June 11, 2025

OpinionErnie Tedeschi

The Republican Budget Bill Is a Fiscal Mirage

Three risks undescore how the legislation winding its way through Congress threatens to accelerate America’s debt crisis.

US-POLITICS-BUDGET

May 28, 2025

May 28, 2025

OpinionErnie Tedeschi

Tariffs Are Already Creeping Into US Economic Data

It will be a few months until we see the full effect, but they are starting to show in measures of inflation, retail sales and business orders.

Inside A Ralph Lauren Store Ahead Of Earnings Figures

April 10, 2025

April 10, 2025

OpinionErnie Tedeschi

Will Tariffs Cause a Recession? Probably Not

Right now, the US economy is strong enough to withstand some damage from the president’s trade policy.

Inside The Black & Decker Inc. DeWalt Tool Production Facility Ahead Of Durable Goods Orders

March 10, 2025

March 10, 2025

OpinionErnie Tedeschi

The Accomplice in America’s Fiscal Mess? Tax Cuts

It is long past time Congress started shifting toward more efficient means of raising revenue.

Russia's Rouble Remains Weak Against The Dollar

February 10, 2025

February 10, 2025

OpinionErnie Tedeschi

Five Lessons From Trump’s Tariff Misadventure

That the White House heeded the reaction in markets and sought a face-saving way out of a crisis of its own making is reassuring — but only to a point.

President Trump Signs Executive Orders In The Oval Office

January 6, 2025

January 6, 2025

OpinionErnie Tedeschi

How Trump Can Achieve Sustained 3% GDP Growth

The incoming administration has set a relatively easy goal. Making it last is harder, requiring policy tweaks in six areas.

President-Elect Trump Rings The Opening Bell Of The New York Stock Exchange

November 19, 2024

November 19, 2024

OpinionErnie Tedeschi

A Better Way to Pay for Extending the Trump Tax Cuts

A potential solution exists that would keep US debt from spiraling out of control and should be acceptable to Republicans because they floated it not too long ago.

President Trump Celebrates Six Months Of The Tax Cuts And Jobs Act

October 16, 2024

October 16, 2024

OpinionErnie Tedeschi

The True Cost of Trump’s Tariff Scheme

As much as $325 billion would be shaved off US gross domestic product, vastly reducing the envisioned fiscal benefits.

Former President Donald Trump Is Interviewed By Bloomberg News At The Economic Club Of Chicago

September 24, 2024

September 24, 2024

OpinionErnie Tedeschi

Blaming Greedflation for High Food Prices Is Misguided

Markups in grocery stores appear to be persistently higher than before the pandemic. But don’t rush to the conclusion that market power is the only explanation.

Blaming Greedflation for High Food Prices Is Misguided