ECONOMY
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Firms’ Inflation Expectations Have Picked Up
Jaison R. Abel, Richard Deitz, and Ben Hyman Editors note: Since this post was published, we clarified language in the…
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When the Household Pie Shrinks, Who Gets Their Slice?
Jacob Conway, Natalia Fischl-Lanzoni, and Matthew Plosser When households face budgetary constraints, they may encounter bills and debts that they…
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Comparing Apples to Apples: “Synthetic Real‑Time” Estimates of R‑Star
Sophia Cho and John C. Williams Estimates of the natural rate of interest, commonly called “r-star,” garner a great deal…
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Kartik Athreya on His First Year as Research Director of the New York Fed
A year has passed since Kartik Athreya became director of research at the New York Fed. To get some perspective…
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U.S. Imports from China Have Fallen by Less Than U.S. Data Indicate
Hunter L. Clark With new tariffs on China back in the headlines, this post seeks to offer some perspective on…
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Breaking Down Auto Loan Performance
Andrew Haughwout, Donghoon Lee, Daniel Mangrum, Joelle Scally, and Wilbert van der Klaauw Debt balances continued to rise at a…
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How Censorship Resistant Are Decentralized Systems?
Jon Durfee and Michael Lee Public permissionless blockchains are designed to be censorship resistant, meaning access to the blockchain is…
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Are First-Time Home Buyers Facing Desperate Times?
Donghoon Lee and Joseph Tracy Based on recent proposals and policy dialogue, it would appear that first-time home buyers (FTB)…
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Discount Window Stigma After the Global Financial Crisis
Olivier Armantier, Marco Cipriani, and Asani Sarkar The rapidity of deposit outflows during the March 2023 banking run highlights the…
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Do Payout Restrictions Reduce Bank Risk?
Fulvia Fringuellotti and Thomas Kroen In June 2020, the Federal Reserve issued stringent payout restrictions for the largest banks in…
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