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Economist Paul Krugman Says Kevin Warsh "Sounded Utterly Conventional" at Jackson Hole, Despite Promising a Break From Fed Tradition. Does That Continuity Mean Rate Policy Won't Change Much Under Him?

Warsh wants change, but inflation still dictates Fed policy.

• Kevin Warsh hints at Fed policy changes but speech is conventional.
• Paul Krugman calls Warsh's remarks at Jackson Hole "utterly conventional."
• Warsh advocates for greater flexibility, but rate policy likely unchanged.

2026-09-03 ·fool.com

Legendary economist Gary Shilling says consumer signals point to a recession in the next 12 months

Gary Shilling says he sees a 60% to 70% chance of a US recession in the next year, pointing to red flags waving among American consumers.

• Gary Shilling predicts US recession within next 12 months
• Retail sales dropped 0.6% in July, worst decline in nearly a year
• 71% of middle-income Americans feel behind in living expenses

2026-09-03 ·businessinsider.com

NELFUND disburses N355.87 billion in student loans, processes 1.66 million applications

The Nigerian Education Loan Fund (NELFUND) has disbursed a total of N355.87 billion in student loans to Nigerian students since the launch of its student loan portal in May 2024.

2026-09-03 ·nairametrics.com