ECONOMY
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Treasury Market Liquidity Since April 2025
Henry Dyer and Michael J. Fleming In this post, we examine the evolution of U.S. Treasury market liquidity over the…
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Behind the ATM: Exploring the Structure of Bank Holding Companies
Lily Gordon and Lee Seltzer Many modern banking organizations are highly complex. A “bank” is often a larger structure made…
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Sports Betting Is Everywhere, Especially on Credit Reports
Jacob Goss and Daniel Mangrum Editor’s Note: The chart notes for the first chart have been updated to correct errors…
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China’s Electric Trade – Liberty Street Economics
Thomas Klitgaard China has spent considerable government resources to develop advanced electric technology industries, such as those that produce electric…
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The New York Fed DSGE Model Forecast—March 2026
Marco Del Negro, Ibrahima Diagne, Keshav Dogra, Elena Elbarmi, Donggyu Lee, and Michael Pham This post presents an update of…
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What’s Driving Rising Business Costs?
Jaison R. Abel, Richard Deitz, and Nick Montalbano After a period of moderating cost increases, businesses faced mounting cost pressures…
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Are Rising Employee Health Insurance Costs Dampening Wage Growth?
Jaison R. Abel, Richard Deitz, and Nick Montalbano Employer-sponsored health insurance represents a substantial component of total compensation paid by…
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Firms’ Inflation Expectations Return to 2024 Levels
Jaison R. Abel, Richard Deitz, and Nick Montalbano Businesses experienced substantial cost pressures in 2025 as the cost of insurance…
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A New Dataset for Consumer Spending in the New York Fed EHIs
Rajashri Chakrabarti, Thu Pham, Beck Pierce, and Maxim L. Pinkovskiy We are enhancing our set of Economic Heterogeneity Indicators (EHIs)…
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The Post-Pandemic Global R* – Liberty Street Economics
Marco Del Negro, Elena Elbarmi, and Michael Pham In this post we provide a measure of “global” r* using data…
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