by Liberty Street Economics | Jan 11, 2024 | alerts, Markets/Economy
Alain Chaboud, Lisa Chung, Linda S. Goldberg, and Anna Nordstrom Editor’s note: Since this post was first published, the first paragraph under the “Looking Forward” subhead has been updated to clarify the expected increase in the speed of FX transaction settlements....
by Liberty Street Economics | Jan 10, 2024 | alerts, Markets/Economy
In the second quarter of 2022, the homeownership rate for white households was 75 percent, compared to 45 percent for Black households and 48 percent for Hispanic households. One reason for these differences, virtually unchanged in the last few decades, is uneven...
by Liberty Street Economics | Jan 8, 2024 | alerts, Markets/Economy
How can we accurately measure changes in living standards over time in the presence of price inflation? In this post, I discuss a novel and simple methodology that uses the cross-sectional relationship between income and household-level inflation to construct accurate...
by Liberty Street Economics | Dec 21, 2023 | alerts, Markets/Economy
The topics covered on Liberty Street Economics in 2023 hit many themes, reflecting the range of research interests of the more than sixty staff economists at the New York Fed and their coauthors. We published 122 posts this year, exploring important subjects such as...
by Liberty Street Economics | Nov 6, 2023 | alerts, Markets/Economy
Source: Banking System Vulnerability: 2023 Update, by New York Federal Reserve Bank The bank failures that occurred in March 2023 highlighted how unrealized losses on securities can make banks vulnerable to a sudden loss of funding. This risk, which materialized...
