Michael J. Fleming In 2025, the Federal Reserve has cut interest rates, trade policy has shifted abruptly, and economic policy…
Latest in Economy
-
-
Beverly Hirtle and Matthew C. Plosser Bank failures and distress can be costly to the economy, causing losses to creditors…
-
Matteo Crosignani, Thomas Eisenbach, and Fulvia Fringuellotti As in previous years, we provide in this post an update on the…
-
Tomas Jankauskas, Ugo Albertazzi, Lorenzo Burlon, and Nicola Pavanini After the Great Financial Crisis, the European Central Bank (ECB) extended…
-
Gizem Kosar and Davide Melcangi Uncertainty is a key component of everyday economic decisions of consumers and, perhaps not surprisingly,…
-
Natalia Emanuel, Pim Welle, and Valentin Bolotnyy Every state in the country has a law permitting involuntary hospitalization if a…
-
Adam Copeland and R. Jay Kahn Recently instituted rule amendments have initiated a large migration of dealer-to-client Treasury repurchase trades…
-
Michael J. Fleming, Jonathan Palash-Mizner, and Or Shachar In a 2024 post, we showed that interdealer trading in benchmark U.S.…
-
Matthew Higgins and Thomas Klitgaard U.S. trade policy remains in flux. Nevertheless, important elements of the new policy regime are…
-
Stein Berre and Asani Sarkar The term “exorbitant privilege” emerged in the 1960s to describe the advantages derived by the…