Daniel Mangrum and Crystal Wang This month marks five years since the start of the COVID-19 pandemic, after which subsequent policy responses…
Category:
ECONOMY
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Daniel Mangrum and Crystal Wang In our companion post, we highlighted how the pandemic and subsequent policy actions disrupted trends in the…
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Itamar Drechsler, Hyeyoon Jung, Weiyu Peng, Dominik Supera, and Guanyu Zhou Credit cards play a crucial role in U.S. consumer finance, with…
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Jon Durfee, Michael Junho Lee, and Joseph Torregrossa Novel payment systems based on blockchain networks promise to redesign financial architecture, but a…
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Jon Durfee, Michael Junho Lee, Joseph Torregrossa, and Sarah Yu Wang In a previous post, we introduced a three-pillar framework for interoperability of payment…
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Marco Del Negro, Ibrahima Diagne, Pranay Gundam, Donggyu Lee, and Brian Pacula This post presents an update of the economic forecasts generated…
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Hunter L. Clark With new tariffs on China back in the headlines, this post seeks to offer some perspective on how much…
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Ozge Akinci, Martin Almuzara, Silvia Miranda-Agrippino, Ramya Nallamotu, Argia Sbordone, Greg Simitian, and William Zeng A key feature of the post-pandemic inflation…
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Jaison R. Abel, Richard Deitz, and Ben Hyman Editors note: Since this post was published, we clarified language in the first paragraph…
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Jacob Conway, Natalia Fischl-Lanzoni, and Matthew Plosser When households face budgetary constraints, they may encounter bills and debts that they cannot pay.…