Nobel Laureate Paul Krugman Warns the US Economy’s Rebound Won’t Last – And Flags Housing and Exports as Key Worries

Business Insider, Oct. 28, 2022–Theron Mohamed
Paul Krugman brushed off the rebound in US GDP last quarter, saying it would be short-lived. The Nobel laureate expects pressure on exports and housing demand to weigh on economic growth. He noted the Fed’s rate hikes have boosted the dollar and increased mortgage costs.