Calendar-year inflation forecasts from Federal Open Market Committee meeting participants typically start near 2% and then ...

We document key stylized facts about the time-series trends and cross-sectional distributions of AI pricing and study its ...

Although homeownership is commonly portrayed as a single household living in a detached residential structure, the landscape of homeownership in the United States offers a diverse array of ...

The Federal Reserve Bank of San Francisco is hosting its Annual Conference on Macroeconomics and Monetary Policy in San Francisco on Friday, February 21, 2025. The conference aims to bring together ...

In the fourth episode of Rethinking Asia, we interviewed Matthew Goodman, the William E. Simon Chair in Political Economy at the Center for Strategic and International Studies (CSIS). At CSIS, he ...

The COVID-19 inflation surge experienced abroad undoubtedly left its mark on U.S. inflation. As global economies return to business as usual, it is natural to ask whether international considerations ...

It’s great to be in New York again and to have the opportunity to speak with you about the economy and monetary policy. I very much appreciate the invitation, and I look forward to a lively discussion ...

The Center’s mission is to promote policy-relevant research in monetary economics and macro-finance, foster collaboration across the academic, Federal Reserve, and central bank research communities, ...

At an event hosted by New York University Stern School of Business, President Mary C. Daly discussed the progress the Federal Reserve has made in bringing inflation down and the importance of looking ...

I’m delighted, and it’s good to see everybody in the audience. Thank you for having me. Well, I think the jobs market data being revised and going back and forth is just a good lesson of why you can’t ...

Standard asset pricing models reconcile high equity premia with smooth risk-free rates by inducing an inverse functional relationship between the mean and the variance of the stochastic discount ...

Fifteen months of new data covering the period since May 2023 continue to track closely along the path of a fitted nonlinear Phillips curve that shows the empirical relationship between inflation and ...