<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:media="http://search.yahoo.com/mrss/">
    <channel>
        <title><![CDATA[Anirvan Banerji - Director:Research]]></title>
        <description><![CDATA[Anirvan Banerji is a co-founder of the Economic Cycle Research Institute in New York.]]></description>
        <link>https://www.bloomberg.com/authors/ABkzAP_xEN0/anirvan-banerji</link>
        <generator>RSS for Node</generator>
        <lastBuildDate>Fri, 08 May 2026 20:52:41 GMT</lastBuildDate>
        <atom:link href="https://www.bloomberg.com/authors/ABkzAP_xEN0/anirvan-banerji.rss" rel="self" type="application/rss+xml"/>
        <copyright><![CDATA[Copyright 2026 BLOOMBERG L.P. ALL RIGHTS RESERVED]]></copyright>
        <language><![CDATA[en]]></language>
        <item>
            <title><![CDATA[The Strength of Consumers Is Overstated]]></title>
            <description><![CDATA[Weakening sales trends and wage growth underscore a sustained slowdown in spending.]]></description>
            <link>https://www.bloomberg.com/view/articles/2020-01-22/consumer-strength-is-fading-fast</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2020-01-22/consumer-strength-is-fading-fast</guid>
            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Lakshman Achuthan]]></dc:creator>
            <pubDate>Wed, 22 Jan 2020 11:00:32 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iiV4Xd0fS3ko/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iiV4Xd0fS3ko/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>A French strongman who earned the title &apos;Monsieur France 1960&apos;, attempting to pull four people in a car, in France. (Photo by Keystone/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[The Myth of the Tight U.S. Labor Market]]></title>
            <description><![CDATA[Jobs growth is substantially slower than the headline employment data indicate.]]></description>
            <link>https://www.bloomberg.com/view/articles/2019-07-05/the-myth-of-the-tight-u-s-labor-market</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2019-07-05/the-myth-of-the-tight-u-s-labor-market</guid>
            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Lakshman Achuthan]]></dc:creator>
            <pubDate>Fri, 05 Jul 2019 13:37:03 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iXMnEGmaS.lM/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iXMnEGmaS.lM/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>The labor market isn’t as strong as it seems.</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[The Fed’s 'First, Do No Harm' Policy Is Harmful]]></title>
            <description><![CDATA[Instead of pausing, the central bank may need to start cutting interest rates to avoid a recession. ]]></description>
            <link>https://www.bloomberg.com/view/articles/2019-02-19/federal-reserve-s-first-do-no-harm-policy-is-harmful</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2019-02-19/federal-reserve-s-first-do-no-harm-policy-is-harmful</guid>
            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Lakshman Achuthan]]></dc:creator>
            <pubDate>Tue, 19 Feb 2019 11:00:17 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iiHge8k6ywR8/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iiHge8k6ywR8/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>WASHINGTON, DC - JULY 17: Federal Reserve Board Chairman Jerome Powell testifies during a hearing before the Senate Banking, Housing and Urban Affairs Committee July 17, 2018 on Capitol Hill in Washington, DC. The committee held a hearing on &quot;The Semiannual Monetary Policy Report to Congress.&quot; (Photo by Alex Wong/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[The Global Economy's Wile E. Coyote Moment]]></title>
            <description><![CDATA[Economies and markets may already be plunging off a cliff.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-03-09/the-global-economy-s-wile-e-coyote-moment</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2018-03-09/the-global-economy-s-wile-e-coyote-moment</guid>
            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Lakshman Achuthan]]></dc:creator>
            <pubDate>Fri, 09 Mar 2018 11:00:25 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iY1B5qIDvwe0/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iY1B5qIDvwe0/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>391647 06: A statue of cartoon character Wile E. Coyote is displayed outside of a Warner Bros. Studio Store July 9, 2001 on Pier 39 in San Francisco, CA . AOL Time Warner Inc. will close its U.S. based Warner Bros. Studio Stores by the end of October, with a loss of 3,800 jobs, after failing to find a buyer for the chain, a company spokeswoman said. (Photo by Justin Sullivan/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Trump's Tax Cuts Won't Offset the Impending Slowdown]]></title>
            <description><![CDATA[Everyone's too optimistic about 2018.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-01-25/trump-s-tax-cuts-won-t-offset-the-impending-slowdown</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2018-01-25/trump-s-tax-cuts-won-t-offset-the-impending-slowdown</guid>
            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Lakshman Achuthan]]></dc:creator>
            <pubDate>Thu, 25 Jan 2018 10:00:47 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iLb79YYdzX0w/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iLb79YYdzX0w/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>A psychic waits for customers at Coney Island in the Brooklyn borough of New York, U.S., on Saturday, June 18, 2016. The summer solstice arrives on June 20, marking the first day of summer in the Northern Hemisphere. Photographer: Victor J. Blue/Bloomberg via Getty Images</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Bond Markets Really Are Signalling a Slowdown]]></title>
            <description><![CDATA[Analysts shouldn’t dismiss the yield curve’s message just because inflation expectations have been declining in recent years.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-12-13/bond-markets-really-are-signalling-a-slowdown</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2017-12-13/bond-markets-really-are-signalling-a-slowdown</guid>
            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Lakshman Achuthan]]></dc:creator>
            <pubDate>Wed, 13 Dec 2017 11:00:20 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iXscCZ.DLlls/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iXscCZ.DLlls/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>(Eingeschrnkte Rechte fr bestimmte redaktionelle Kunden in Deutschland. Limited rights for specific editorial clients in Germany.) orange traffic light in berlin (Photo by Bildquelle/ullstein bild via Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Don't Count on Ever-Growing Corporate Profit]]></title>
            <description><![CDATA[Economic growth is about as good as it gets, and we’re on the cusp of a fresh downturn.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-10-06/don-t-count-on-ever-growing-corporate-profit</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2017-10-06/don-t-count-on-ever-growing-corporate-profit</guid>
            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Lakshman Achuthan]]></dc:creator>
            <pubDate>Fri, 06 Oct 2017 12:30:10 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/igQrPUKRtSB8/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/igQrPUKRtSB8/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>NEW YORK - DECEMBER 27:  A stock trader gestures as he glances at a monitor as he and other traders work on the floor of the New York Stock Exchange December 27, 2002 in New York City. According to preliminary calculations, the Dow Jones Industrial average was down 120 points at 8,312.  (Photo by Spencer Platt/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Finding the Root Cause of Recessions]]></title>
            <description><![CDATA[Two things bear most of the blame: external shocks and economic volatility.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-08-25/finding-the-root-cause-of-recessions</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2017-08-25/finding-the-root-cause-of-recessions</guid>
            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Lakshman Achuthan]]></dc:creator>
            <pubDate>Fri, 25 Aug 2017 11:00:20 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iDzVuVQxc0DE/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iDzVuVQxc0DE/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>HOBOKEN, NJ - AUGUST 22: Lightning lights up the sky over lower Manhattan as a bolt strikes One World Trade Center in New York City on August 22, 2017 as seen from Hoboken, New Jersey. (Photo by Gary Hershorn/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[All Signs Point to a Cyclical Slowdown in Inflation]]></title>
            <description><![CDATA[Even as central bankers get more hawkish, the data show there's a change underway that the Fed is likely to miss.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-07-18/all-signs-point-to-a-cyclical-slowdown-in-inflation</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2017-07-18/all-signs-point-to-a-cyclical-slowdown-in-inflation</guid>
            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Lakshman Achuthan]]></dc:creator>
            <pubDate>Tue, 18 Jul 2017 10:00:20 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ipGYTMIKNkNU/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ipGYTMIKNkNU/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>U.S. one-hundred dollar bills are arranged for a photograph in Hong Kong, China, on Monday, July 20, 2015. The yuan has proven to be among the more resilient emerging-market currencies this year, having fallen less than 0.1 percent versus the dollar as China cut interest rates and the U.S. prepared to raise. Photographer: Xaume Olleros/Bloomberg via Getty Images</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[How the Fed Misinterprets Wage Growth]]></title>
            <description><![CDATA[The central bank is confused about the interplay between cycles in growth and inflation.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-05-08/how-the-fed-misinterprets-wage-growth</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2017-05-08/how-the-fed-misinterprets-wage-growth</guid>
            <dc:creator><![CDATA[Lakshman Achuthan]]></dc:creator>
            <pubDate>Mon, 08 May 2017 17:47:55 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ipfOpE1BvqcQ/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ipfOpE1BvqcQ/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>Janet Yellen, chair of the U.S. Federal Reserve, stands after participating in a Group of 20 (G-20) finance ministers and central bank governors group photo on the sidelines of the spring meetings of the IMF and World Bank in Washington, D.C., U.S., on Friday, April 21, 2017. The emergence of protectionist forces could undermine a modest brightening of the global growth outlook and is putting severe strain on the post-World War II economic order, the IMF said this week. Photographer: Andrew Harrer/Bloomberg via Getty Images</media:description>
            </media:content>
        </item>
    </channel>
</rss>