Sophia Cho and John C. Williams Estimates of the natural rate of interest, commonly called “r-star,” garner a great deal of attention…
Category:
ECONOMY
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A year has passed since Kartik Athreya became director of research at the New York Fed. To get some perspective on his…
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Ozge Akinci, Martin Almuzara, Silvia Miranda-Agrippino, Ramya Nallamotu, Argia Sbordone, Greg Simitian, and William Zeng Our previous post identified strong global components…
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Andrew Haughwout, Donghoon Lee, Daniel Mangrum, Joelle Scally, and Wilbert van der Klaauw Debt balances continued to rise at a moderate pace…
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Jon Durfee and Michael Lee Public permissionless blockchains are designed to be censorship resistant, meaning access to the blockchain is unhampered. In…
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Donghoon Lee and Joseph Tracy Based on recent proposals and policy dialogue, it would appear that first-time home buyers (FTB) are indeed…
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Olivier Armantier, Marco Cipriani, and Asani Sarkar The rapidity of deposit outflows during the March 2023 banking run highlights the important role…
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Fulvia Fringuellotti and Thomas Kroen In June 2020, the Federal Reserve issued stringent payout restrictions for the largest banks in the United…
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Danial Lashkari and Jeremy Pearce In a previous post, we provided evidence for a broad-based slowdown in productivity growth across industries and firms…
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Marco Cipriani, Thomas Eisenbach, and Anna Kovner Runs have plagued the banking system for centuries and returned to prominence with the bank…