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www.newyorkfed.org
| | www.federalreservehistory.org
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| | President Woodrow Wilson signed the Federal Reserve Act in December 1913, culminating three years of discussion and debate over the development of a central bank.
| | libertystreeteconomics.newyorkfed.org
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| | Elevated inflation continues to be a top-of-mind preoccupation for households, businesses, and policymakers. Why has the post-pandemic inflation proved so persistent? In a Liberty Street Economics post early in 2022, we introduced a measure designed to dissect the buildup of the inflationary pressures that emerged in mid-2021 and to understand where the sources of its persistence are. This measure, that we labeled Multivariate Core Trend (MCT) inflation analyzes whether inflation is short-lived or persis...
| | www.clevelandfed.org
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| | Regional Policy Reports are mid-length, economically focused essays that provide public policymakers and other stakeholders insightful analysis of policy issues that are important to the economic vitality of the region we serve.
| | soberlook.com
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| The Citi Economic Surprise index was fairly accurate in pointing to a US slowdown in the first half of 2012. One therefore should not dism...