Trade policy in the United States has been in flux in recent months. A theoretical analysis of recent increases in U.S. tariffs, including potential retaliatory tariffs by other countries, suggests a ...

Financial markets—specifically derivatives—contain information about the range of probable future short-term interest rates.

The COVID-19 pandemic upended housing markets. This blog post launches an interactive chart that accompanies our research paper on pandemic homebuyers.

Western Economic Association International Annual Conference San Francisco, California ...

President Daly discussed her economic outlook, reiterating that monetary policy is in a “good place” currently on Bloomberg Surveillance with co-hosts Lisa Abramowicz and Jonathan Ferro. Watch the ...

President Daly joined co-anchors Morgan Brennan and Jon Fortt and senior economics reporter Steve Liesman on Closing Bell: Overtime to discuss the state of the economy, inflation, and more. “I ...

Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...

Multimodal LLMs offer a watershed change for the digitization of historical tables, enabling low-cost processing centered on domain expertise rather than technical skills. We rigorously validate an ...

The emergence of artificial intelligence (AI) can be seen as a shock containing information about the future path of total factor productivity (TFP), that is, a TFP news shock. Using a standard ...