Federal Reserve
AI-powered index quantifies deregulation's economic impact
Federal Reserve economists have developed a news-based index of deregulation for the United States from 1960 to 2025 using large language models.
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Fed Chairs' consistent arguments for monetary policy independence (1951-2006)
A new Federal Reserve paper explores the historical practice of U.S. monetary policy independence from 1951 to 2006.
War in Ukraine led to significant decline in corporate investment
A Federal Reserve study found that firms exposed to the Russia-Ukraine war experienced sizable and persistent declines in corporate investment.
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Bowman urges liquidity framework reform for banking system resilience
Federal Reserve Vice Chair for Supervision Michelle W. Bowman called for fundamental reform of the bank liquidity framework.
Bank loan modifications common, challenging relationship lending assumptions
A new Federal Reserve study documents that 41 percent of bank loans undergo at least one modification of key contractual terms.
Fair lending litigation reduces racial bias in mortgage markets
New Federal Reserve research finds that fair lending litigation significantly reduces racial discrimination in mortgage markets.
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U.S. banks vulnerable to trade disruptions, study quantifies impact
A new Federal Reserve study quantifies the exposure of large U.S. banks to foreign trade disruptions.
Bowman stresses tailored supervision and innovation for banking stability
Federal Reserve Vice Chair Michelle Bowman testified before the U.S. Senate on February 26, 2026, outlining the central bank's supervisory and regulatory activities.
Discount and federal funds rates maintained at existing levels
The Federal Reserve Board and the Federal Open Market Committee both decided to maintain key interest rates at their January 20 and 28 meetings.
Cook optimistic on AI's long-term productivity, cautious on labor impact
Federal Reserve Governor Lisa D. Cook expressed optimism about artificial intelligence's long-term potential for innovation and productivity growth, while cautioning about its short-term impact on the labor market.
Waller outlines Federal Reserve's strategy for AI integration
Federal Reserve Governor Christopher J. Waller detailed the central bank's strategy for integrating artificial intelligence into its operational work.
Federal Reserve proposes rule to codify ban on reputation risk in bank supervision
The Federal Reserve Board is inviting public comment on a proposed rule that would codify the removal of reputation risk from its supervisory programs.