Federal Reserve
FED
Paper
Fiscal policy transmits abroad through portfolio frictions
This paper studies the international transmission of fiscal policy and its impact on the real exchange rate (RER) and net exports.
Focus
FED
Paper
US business counts diverge by 1.6 million
A new Federal Reserve working paper documents a 1.6 million gap between the Bureau of Labor Statistics and Census Bureau reports on U.S. private sector employer establishments by 2023.
FED
Speech
Waller: Digital assets reshape dollar's global role
Christopher J. Waller, a member of the Federal Reserve Board, welcomed participants to a conference on the international role of the U.S. dollar.
Latest
FED
Press
Former Fed Chair Alan Greenspan passes; leaves lasting mark
The Federal Reserve announced with deep sadness the passing of Alan Greenspan, who served as the 13th Chairman of the Board of Governors from 1987 to 2006.
FED
Press
Agencies propose customer ID rules for payment stablecoin issuers
Five U.S. financial regulators, including the Federal Reserve Board, have jointly proposed a rule requiring payment stablecoin issuers to establish customer identification programs.
FED
Press
Fed raises 2026 rate projection to 3.8 percent
Federal Open Market Committee participants raised their median federal funds rate projection for 2026 to 3.8 percent.
More Topics
FED
Press
Federal funds rate held steady at 3.5-3.75 percent
The Federal Open Market Committee unanimously decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent.
FED
Press
Nine agencies finalize data standards for financial reporting
Nine U.S. financial regulatory agencies have published a final joint rule to establish common data standards for financial regulatory data.
FED
Press
Fed to release annual bank stress test results June 24
The Federal Reserve Board announced that results from its annual bank stress test will be released on Wednesday, June 24, at 4 p.m.
FED
Speech
Barr warns of deregulation risks in financial boom
Federal Reserve Governor Michael S. Barr warned that recent deregulation efforts are undermining bank safety and increasing financial stability risks.
FED
Paper
Slow learning challenges rational expectations models
A new Federal Reserve paper finds that learning in macroeconomic models converges to rational expectations equilibrium (REE) at an extraordinarily slow pace.
FED
Paper
Fed study: Households ignore interest rate changes
A new Federal Reserve study finds that household consumption does not directly respond to changes in interest rates.