ECONOMY
-
When College Might Not Be Worth It
Jaison R. Abel and Richard Deitz In our last post, we showed that the economic benefits of a college degree…
Read More » -
Will Peak Demand Roil Global Oil Markets?
Matthew Higgins and Thomas Klitgaard “Peak oil”—the notion that the depletion of accessible petroleum deposits would soon lead to declining…
Read More » -
Recent Shifts Seen in Consumers’ Public Policy Expectations
Joseph Delehanty, Gizem Kosar, and Wilbert van der Klaauw In this post we examine changes in households’ beliefs following the…
Read More » -
Monetary Policy Spillovers and the Role of the Dollar
Sushant Acharya, Ozge Akinci, Silvia Miranda-Agrippino, and Paolo A. Pesenti In the literature on monetary policy spillovers considered in the…
Read More » -
Why Are Credit Card Rates So High?
Itamar Drechsler, Hyeyoon Jung, Weiyu Peng, Dominik Supera, and Guanyu Zhou Credit cards play a crucial role in U.S. consumer…
Read More » -
Interoperability of Blockchain Systems and the Future of Payments
Jon Durfee, Michael Junho Lee, Joseph Torregrossa, and Sarah Yu Wang In a previous post, we introduced a three-pillar framework for interoperability…
Read More » -
The New York Fed DSGE Model Forecast—March 2025
Marco Del Negro, Ibrahima Diagne, Pranay Gundam, Donggyu Lee, and Brian Pacula This post presents an update of the economic…
Read More » -
Global Trends in U.S. Inflation Dynamics
Ozge Akinci, Martin Almuzara, Silvia Miranda-Agrippino, Ramya Nallamotu, Argia Sbordone, Greg Simitian, and William Zeng A key feature of the…
Read More » -
Supply and Demand Drivers of Global Inflation Trends
Ozge Akinci, Martin Almuzara, Silvia Miranda-Agrippino, Ramya Nallamotu, Argia Sbordone, Greg Simitian, and William Zeng Our previous post identified strong…
Read More » -
Firms’ Inflation Expectations Have Picked Up
Jaison R. Abel, Richard Deitz, and Ben Hyman Editors note: Since this post was published, we clarified language in the…
Read More »
