Federal Reserve
AI linked to significant deceleration in coder employment growth
A Federal Reserve paper finds that aggregate employment growth for computer programmers has sharply decelerated since the introduction of ChatGPT in November 2022.
Focus
Model uncertainty raises Florida hurricane insurance premiums
A Federal Reserve paper by Erik Heitfeld finds that greater uncertainty among hurricane risk models leads to higher homeowners insurance premiums in Florida.
Queuing model reveals mortgage rate and service time dynamics
A new Federal Reserve study develops and empirically validates a queuing model for residential mortgage supply.
Latest
Powell highlights Volcker's integrity and inflation fight legacy
Federal Reserve Chair Jerome Powell received the Paul A. Volcker Public Integrity Award, reflecting on Volcker's legacy of selfless public service.
EU tariff retaliation caused lasting trade shifts without inflation
A Federal Reserve study reveals that the European Union's 2018 retaliatory tariffs against US steel and aluminum led to a lasting decline in US imports without causing domestic price pressures.
Study reveals pervasive asymmetric tail risk in US economy
A new Federal Reserve study characterizes asymmetric tail risk across over one hundred U.S. macroeconomic and financial variables.
More Topics
Global financial risk slows emerging market productivity growth
A Federal Reserve paper finds that global financial risk, specifically U.S. monetary policy uncertainty, significantly lowers long-run productivity growth in emerging markets.
Federal agencies propose modernized capital framework for banking organizations
The Federal Reserve, FDIC, and OCC have issued three proposals to modernize the regulatory capital framework for banking organizations of all sizes.
FOMC participants project higher inflation and federal funds rate
Federal Open Market Committee participants released updated economic projections on March 18, 2026.
Bowman advocates for risk-aligned bank capital rules
Federal Reserve Vice Chair for Supervision Michelle W. Bowman outlined proposals to modernize bank capital requirements, emphasizing a risk-aligned approach to support the real economy.
CBS Banc-Corp expands with TAG Bancshares acquisition
The Federal Reserve Board has approved the acquisition of TAG Bancshares Inc. by CBS Banc-Corp. The decision allows CBS to acquire TAG's subsidiary, Citizens Bank & Trust, Inc., which will merge into CB&S Bank, Inc.
Top one percent income mobility significantly lowers inequality measures
A Federal Reserve study reveals significant income mobility within the top one percent in the U.S., with one-third exiting after a year and two-thirds after a decade.