The United States announced new, higher tariff rates this year. Tariffs can affect supply chains, investment, and firms’ input costs, resulting in supply-side effects such as higher inflation and ...

Understanding employment patterns among different segments of the nation’s workforce contributes to a deeper understanding of the economy, in support of the Federal Reserve’s monetary policy goals.

To better understand the potential impacts of AI on the economy, this analysis assesses workers likely to be exposed to AI on ...

Economic conditions in the Twelfth District were mixed during the October to mid-November reporting period. Employment levels ...

The U.S. economy has remained remarkably resilient this year, navigating uncertainty, changes in government policy, including tariffs, immigration, deregulation, and taxes, an AI-driven technology ...

On the labor market, I don’t feel as confident we can get ahead of it. It’s vulnerable enough now that the risk is it’ll have ...

Involuntary part-time employment—the share of people who work less than 35 hours per week but want and are available to work full-time—has increased since 2023. While this contrasts with steady ...

Banks may be indirectly exposed to trade policy through lending and through the broader effects of trade on the economy. Analysis finds that exposure to recent trade shocks was concentrated in large ...

We document evidence of a U-shaped relationship between financial development and the adjustments of foreign exchange (FX) reserve holdings in response to a U.S. interest rate increase. Countries with ...

Good afternoon. Thank you for the kind introduction. I am delighted to be in Dublin again and speaking to all of you. Thank you very much for having me. I was last here in February 2020. We were on ...