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

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 ...

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

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

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 ...

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 ...