ECONOMY
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A New Set of Indicators of Reserve Ampleness
Gara Afonso, Kevin Clark, Brian Gowen, Gabriele La Spada, JC Martinez, Jason Miu, and Will Riordan The Federal Reserve (Fed)…
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Reallocating Liquidity to Resolve a Crisis
Kinda Hachem Shortly after the collapse of Silicon Valley Bank (SVB) in March 2023, a consortium of eleven large U.S.…
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The Anatomy of Labor Demand Pre- and Post-COVID
Richard Audoly, Miles Guerin, Giorgio Topa, and Roshie Xing Has labor demand changed since the COVID-19 pandemic? In this post,…
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Mortgage Lock-In Spurs Recent HELOC Demand
Andrew Haughwout, Donghoon Lee, Daniel Mangrum, Joelle W. Scally, and Wilbert van der Klaauw Mortgage balances, the largest component of…
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Is the Recent Inflationary Spike a Global Phenomenon?
Martín Almuzara, Babur Kocaoglu, and Argia Sbordone In the aftermath of the COVID-19 pandemic, inflation rose almost simultaneously in most economies…
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Supply Chain Disruptions Have Eased, But Remain a Concern
Jaison R. Abel and Richard Deitz Supply chain disruptions became a major headache for businesses in the aftermath of the…
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Wage Insurance: A Potential Policy for Displaced Workers
Ben Hyman, Brian Kovak, and Adam Leive Despite the existing safety net, worker displacement continues to have severe consequences that…
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What Was Up with Grocery Prices?
Thomas Klitgaard The consumer price index for groceries has risen more than the overall price index since the start of…
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The Mysterious Slowdown in U.S. Manufacturing Productivity
Danial Lashkari and Jeremy Pearce Throughout the twentieth century, steady technological and organizational innovations, along with the accumulation of productive…
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Nonbanks Are Growing but Their Growth Is Heavily Supported by Banks
Viral V. Acharya, Nicola Cetorelli, and Bruce Tuckman Traditional approaches to financial sector regulation view banks and nonbank financial institutions…
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