Economy Feed

Filtered Keywords: Treasury, Tax, GDP, Economy, Economic, Market, Trade

Feed Sources: CNBC, Wall St. Journal , Financial Times, Marginal Revolution, Liberty Street Economics

  • A $200 billion money manager on why every stock market investor should be ready to go to cash
    Market volatility and correction fears may lead some investors to go to cash. There is a right stock selling method, but history says many will get it wrong. ... read more
    Source: Econ – CNBC 1Published on 2021-10-13
  • Fed says it could begin ‘gradual tapering process’ by mid-November
    The Federal Open Market Committee on Wednesday released minutes from its Sept. 21-22 policy meeting. ... read more
    Source: Econ – CNBC 1Published on 2021-10-13
  • Singapore’s economy grows 6.5% on year in the third quarter, missing estimates
    Analysts polled by Reuters had expected the Singapore economy to grow 6.6% in the third quarter compared with a year ago. ... read more
    Source: Econ – CNBC 1Published on 2021-10-13
  • China trade surplus with the U.S. rises to monthly record in September
    China reported disappointing growth in imports in September, while exports beat expectations, according to data released Wednesday by the customs agency. ... read more
    Source: Econ – CNBC 1Published on 2021-10-13
  • China isn’t the only huge Asian economy with a coal shortage now
    Most of India's coal-fired power plants have critically low levels of coal inventory just as the economy is picking up and fueling electricity demand. ... read more
    Source: Econ – CNBC 1Published on 2021-10-12
  • 5 charts show Russia’s economic highs and lows under Putin
    Russian President Vladimir Putin has been instrumental in keeping Russia firmly on the global geopolitical and economic stage during his time in office. ... read more
    Source: Econ – CNBC 1Published on 2021-10-11
  • Dow rebounds 450 points, wipes out Monday’s losses
    The major averages rebounded on Tuesday following a technology-centered market rout in the previous session. ... read more
    Source: Econ – CNBC 1Published on 2021-10-05
  • Inspector General probing whether Fed official trades broke ethics rules or the law
    The Fed is working with the Office of Inspector General in reviewing 2020 trading activity by a handful of central bank officials. ... read more
    Source: Econ – CNBC 1Published on 2021-10-05
  • Era of higher inflation would cause major currency volatility, economist says
    Markets have been gripped in recent weeks by the debate as to whether higher inflation is here to stay, and the outcome could have repercussions for currency markets. ... read more
    Source: Econ – CNBC 1Published on 2021-10-05
  • Chinese developer misses bond payment as stress spreads beyond Evergrande crisis
    There are increasing signs of stress in China's property market after ratings agencies downgraded Fantasia and Sinic over debt concerns. ... read more
    Source: Econ – CNBC 1Published on 2021-10-05
  • China needs coal, and Australia has it. But something’s standing in the way
    China needs to bolster its coal supply to avoid an economic slowdown, but Beijing's icy relations with Australia could make that difficult, according to Mizhuo. ... read more
    Source: Econ – CNBC 1Published on 2021-10-05
  • U.S. will use all steps necessary to defend its economic interests against China, top trade official says
    Tai confirmed a CNBC report last week saying that the Biden administration believed that Beijing has not complied with the phase one trade deal. ... read more
    Source: Econ – CNBC 1Published on 2021-10-04
  • How 3 college friends built a $1 billion business selling used cars
    Aaron Tan, Aditya Lesmana and Kelvin Chng are the brains behind Carro, a $1 billion autos marketplace and one of Southeast Asia's latest unicorns. ... read more
    Source: Econ – CNBC 1Published on 2021-10-04
  • Dow futures jump more than 100 points after market ends wild week in the green
    Wall Street is coming off a volatile week amid a slew of concerns from Evergrande's debt crisis to Beijing's crackdown on cryptocurrencies. ... read more
    Source: Econ – CNBC 1Published on 2021-09-27
  • China will likely fail in its CPTPP bid — but it’s a ‘smart’ move against the U.S., say analysts
    China's application to join the mega trade pact stands in contrast to the U.S.' lack of economic policy in Asia-Pacific, analysts said. ... read more
    Source: Econ – CNBC 1Published on 2021-09-26
  • In a Job Interview, How Much Does Timing Matter? (NSQ Ep. 70)
    Also: why is it smart to ignore what your podcast hosts look like? *      *      * Relevant Research & References Here’s where you can learn more about the people and ideas in this episode: SOURCES Donald Redelmeier, professor of medicine at the University of Toronto. ... read more
    Source: Econ – Freakonomics 2Published on 2021-10-10
  • Why Is U.S. Media So Negative? (Ep. 477)
    Breaking news! Sources say American journalism exploits our negativity bias to maximize profits, and social media algorithms add fuel to the fire. Stephen Dubner investigates. Listen and follow our podcast on Apple Podcasts, Spotify, Stitcher, or wherever you get your podcasts. Below is a transcript of the episode, edited ... read more
    Source: Econ – Freakonomics 2Published on 2021-10-06
  • How Can You Convince Someone They’re Wrong? (NSQ Ep. 69)
    Also: what’s the best way to handle rejection? *      *      * Relevant Research & References Here’s where you can learn more about the people and ideas in this episode: SOURCES Blaise Pascal (deceased)17th-Century French philosopher. Dale Carnegie (deceased), writer and lecturer on self-improvement and public ... read more
    Source: Econ – Freakonomics 2Published on 2021-10-03
  • That’s a Great Question! (Ep. 192 Rebroadcast)
    Verbal tic or strategic rejoinder? Whatever the case: it’s rare to come across an interview these days where at least one question isn’t a “great” one.  Listen and follow our podcast on Apple Podcasts, Spotify, Stitcher, or wherever you get your podcasts. Below is a transcript of the ... read more
    Source: Econ – Freakonomics 2Published on 2021-09-29
  • Why Do We Want What We Can’t Have? (NSQ Ep. 68)
    Also: why are humans still so tribal? *      *      * Relevant Research & References Here’s where you can learn more about the people and ideas in this episode: SOURCES Lindsey Vonn, U.S. professional skier. Michael Lewis, journalist and bestselling author. Adam Grant, professor ... read more
    Source: Econ – Freakonomics 2Published on 2021-09-26
  • The Mom Who Stole the Blueprints for the Atomic Bomb (The Freakonomics Radio Book Club Ep. 11)
    To her neighbors in the English countryside, the woman known as Mrs. Burton was a cake-baking mother of three. To the Soviet Union, she was an invaluable Cold War operative. Ben Macintyre, author of Agent Sonya: Moscow’s Most Daring Wartime Spy, explains how the woman who fed America’s atomic ... read more
    Source: Econ – Freakonomics 2Published on 2021-09-25
  • Check the Data: It’s a Man’s World (The Freakonomics Radio Book Club Ep. 10)
    Do you think public bathrooms are too small, smartphones are too big, and public transit just wasn’t made for you? Then you’re probably a woman. In her book Invisible Women: Data Bias in a World Designed for Men, Caroline Criado Perez argues that products and processes — from medications ... read more
    Source: Econ – Freakonomics 2Published on 2021-09-25
  • What Are the Police for, Anyway? (Ep. 476)
    The U.S. is an outlier when it comes to policing, as evidenced by more than 1,000 fatal shootings by police each year. But we’re an outlier in other ways too: a heavily-armed populace, a fragile mental-health system, and the fact that we spend so much time in our cars. ... read more
    Source: Econ – Freakonomics 2Published on 2021-09-22
  • How Can You Escape Binary Thinking? (NSQ Ep. 67)
    Also: why is it so satisfying to find a bargain? *      *      * Relevant Research & References Here’s where you can learn more about the people and ideas in this episode: SOURCES Bapu Jena, professor of health care policy and medicine at Harvard University; physician at ... read more
    Source: Econ – Freakonomics 2Published on 2021-09-19
  • Are Barbershops the Cutting Edge of Healthcare Delivery? (Freakonomics, M.D. Ep. 6)
    Bapu Jena talks with a barber and a pharmacist whose study brought healthcare to Black men in Los Angeles who were getting haircuts. They discuss its impact on high blood pressure among customers — and how unconventional approaches like this could help build trust. Follow Freakonomics, M.D. on Apple PodcastsSpotifyStitcher, or wherever ... read more
    Source: Econ – Freakonomics 2Published on 2021-09-09
  • All You Need Is Nudge (Ep. 474)
    When Richard Thaler published Nudge in 2008 (with co-author Cass Sunstein), the world was just starting to believe in his brand of behavioral economics. How did nudge theory hold up in the face of a global financial meltdown, a pandemic, and other existential crises? With the publication of a ... read more
    Source: Econ – Freakonomics 2Published on 2021-09-08
  • Is There Really a “Loneliness Epidemic”? (Ep. 407 Rebroadcast)
    That’s what some health officials are saying, but the data aren’t so clear. We look into what’s known (and not known) about the prevalence and effects of loneliness — including the possible upsides. Listen and subscribe to our podcast at Apple Podcasts, Stitcher, or elsewhere. Below is a ... read more
    Source: Econ – Freakonomics 2Published on 2021-09-01
  • What’s the Best Advice You’ve Ever Received? (NSQ Ep. 65)
    Also: why don’t you need a license to become a parent? *      *      * Relevant Research & References Here’s where you can learn more about the people and ideas in this episode: SOURCES Stella Adler (deceased), actor, teacher, and founder of the Stella Adler Studio of ... read more
    Source: Econ – Freakonomics 2Published on 2021-08-29
  • America’s Math Curriculum Doesn’t Add Up (People I (Mostly) Admire Ep. 42)
    A special episode: Steve reports on a passion of his. Most high-school math classes are still preparing students for the Sputnik era. Steve wants to get rid of the “geometry sandwich” and instead have kids learn what they really need in the modern era: data fluency. Originally broadcast on ... read more
    Source: Econ – Freakonomics 2Published on 2021-08-27
  • What Do Grocery Store Prices and Heart Surgery Have in Common? (Freakonomics, M.D. Ep. 4)
    Humans are hardwired to focus on the left digit in numbers. It’s why products are priced at $3.99 instead of $4.00. But does this left-digit bias also affect medical decisions? Host Bapu Jena is joined by a fellow researcher and a cardiologist to explain how left-digit bias shows up ... read more
    Source: Econ – Freakonomics 2Published on 2021-08-26
  • Parsing the Fed: How the January Statement Changed From December
    The Federal Reserve releases a statement at the conclusion of each of its policy-setting meetings, outlining the central bank’s economic outlook and the actions it plans to take. Fed watchers closely parse changes between statements to see how the Fed’s views are evolving. This tool compares the latest statement ... read more
    Source: Econ – WSJ 3Published on 2021-01-27
  • Parsing the Fed: How the December Statement Changed From November
    The Federal Reserve releases a statement at the conclusion of each of its policy-setting meetings, outlining the central bank’s economic outlook and the actions it plans to take. Fed watchers closely parse changes between statements to see how the Fed’s views are evolving. This tool compares the latest statement ... read more
    Source: Econ – WSJ 3Published on 2020-12-16
  • Parsing the Fed: How the November Statement Changed From September
    The Federal Reserve releases a statement at the conclusion of each of its policy-setting meetings, outlining the central bank’s economic outlook and the actions it plans to take. Fed watchers closely parse changes between statements to see how the Fed’s views are evolving. This tool compares the latest statement ... read more
    Source: Econ – WSJ 3Published on 2020-11-05
  • Parsing the Fed: How the September Statement Changed from July
    The Federal Reserve releases a statement at the conclusion of each of its policy-setting meetings, outlining the central bank’s economic outlook and the actions it plans to take. Fed watchers closely parse changes between statements to see how the Fed’s views are evolving. This tool compares the latest statement ... read more
    Source: Econ – WSJ 3Published on 2020-09-16
  • Newsletter: Soaring Debt, Big Layoffs and a Booming Stock Market
    This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. From Liberty Bonds to Coronavirus Bills U.S. debt has reached its highest level compared to the size of the economy since World War II and is projected to exceed ... read more
    Source: Econ – WSJ 3Published on 2020-09-03
  • Newsletter: More Factory Output, Fewer Factory Workers
    This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. More Output, Fewer Workers U.S. factory output continued to grow in August, but the picture for employment was mixed, a possible sign of lingering uncertainty about the coronavirus pandemic ... read more
    Source: Econ – WSJ 3Published on 2020-09-02
  • Newsletter: From Furloughed to Fired
    This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. Big Gains, Permanent Losses The U.S. employment report for August is out Friday and likely to show another month of historic labor-market gains. But the number of jobs will ... read more
    Source: Econ – WSJ 3Published on 2020-08-31
  • Newsletter: Consumer Spending, Inflation vs. Employment and the Virus that Won’t Go Away
    This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. U.S. consumer spending numbers are due out this morning, the Fed makes a major shift in the way it sets interest rates and Europe is facing a big rise ... read more
    Source: Econ – WSJ 3Published on 2020-08-28
  • Newsletter: Deep Contraction, Hurricane Hit and Millennial Power
    This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. Long Road to Recovery The world’s rich economies experienced the deepest contraction in at least six decades in the spring, while continuing outbreaks of the novel coronavirus mean their ... read more
    Source: Econ – WSJ 3Published on 2020-08-27
  • Newsletter: Limited Supplies, High Demand
    This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. House Hunters U.S. new-home sales rose to the highest level since the waning days of the housing bubble, underscoring a strong recovery for the housing market as people search ... read more
    Source: Econ – WSJ 3Published on 2020-08-26
  • Newsletter: China Is Catching Up
    This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. China is closing the economic gap with the U.S., another round of Covid lockdowns would be too costly, more U.S. workers are testing positive for drugs, and Canada scores ... read more
    Source: Econ – WSJ 3Published on 2020-08-25
  • Newsletter: Debt, Labor Divide and Live Music
    This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. It’s another full week for economic data and policy talk, bookended by the Republican National Convention at the start of the week and the Kansas City Fed’s annual policy ... read more
    Source: Econ – WSJ 3Published on 2020-08-24
  • Newsletter: U.S. Labor Market Cools, U.K. Output Jumps
    This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. Wrong Way New applications for unemployment benefits rose last week, another sign the labor market’s recovery is cooling amid continuing disruptions from the coronavirus pandemic. Weekly initial claims for ... read more
    Source: Econ – WSJ 3Published on 2020-08-21
  • Newsletter: Layoffs, Trade Talks and the Fed’s Outlook
    This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. On the Mend, Slowly New applications for unemployment benefits have eased in recent weeks but remain at historically high levels, indicating that the labor market is healing but still ... read more
    Source: Econ – WSJ 3Published on 2020-08-20
  • Newsletter: Building Boom, Stimulus Talks and a New High for Stocks
    This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. Building Boom U.S. new-home construction surged in July. Housing starts jumped 23% from June to an annual pace of almost 1.5 million, a reflection of rock-bottom interest rates and ... read more
    Source: Econ – WSJ 3Published on 2020-08-19
  • Tuesday assorted links
    Source: Econ Marginal Revolution 4Published on 2021-10-05
  • FDA Approves American Rapid Antigen Test
    I wrote earlier: What makes the FDAs failure to approve more rapid antigen tests even more galling is that the test being sold cheaply in the Amsterdam supermarket is the Flowflex, an American test made by Acon Labs in San Diego. Well the FDA has finally approved the Acon ... read more
    Source: Econ Marginal Revolution 4Published on 2021-10-05
  • Monday assorted links
    1. Redux of my March Bloomberg column on supply constraints. 2. Plagiarist’s keyboard. 3. “Although our work cannot be used to put a price on cryptocurrencies, it provides the first systematic quantitative evidence that the transactional use of cryptocurrencies constitutes a fundamental component of their value, at least under ... read more
    Source: Econ Marginal Revolution 4Published on 2021-10-04
  • Depression and shopping behavior
    By Katherine Meckel and Bradley Shapiro: Using a large survey panel that connects household shopping behavior with individual health information, this paper documents correlations between self reported depression and the size and composition of shopping baskets. First, we find that roughly 16% of individuals report suffering from depression and ... read more
    Source: Econ Marginal Revolution 4Published on 2021-10-04
  • Sunday assorted links
    1. Bills before Congress — “model this” (if you dare). 2. Claims about pending crypto regulation.  How exactly is all that supposed to work?  Makes no sense to me! 3. Ross D (NYT), worth reading and thinking about. 4. Water markets, the Colorado River, and the Walton Foundation (WSJ). ... read more
    Source: Econ Marginal Revolution 4Published on 2021-10-03
  • From Kalshi Markets
    I wanted to reach out and provide some updates about new markets on the Exchange that may be of interest. We have a new market on whether the FDA will approve a vaccine for kids, in addition to a market on whether the CDC will identify a “variant of high consequence” (Delta is only ... read more
    Source: Econ Marginal Revolution 4Published on 2021-10-03
  • New issue of Econ Journal Watch
    In this issue: Critical conditionRobert Kaestner examines two articles in the Quarterly Journal of Economics on the effects of health insurance on mortality, saying that both lack statistical power and raising issues of external validity and anomalous results. Jacob Goldin, Ithai Lurie, and Janet McCubbin reply to the criticisms of their QJE article, and Sarah Miller ... read more
    Source: Econ Marginal Revolution 4Published on 2021-10-03
  • 16th and 17th century Protestantism (that was then, this is now)
    Sixteenth- and seventeenth-century Protestant culture is, despite both popular and popular scholarly persuasion, diametrically opposed to each one of the cardinal positions of the liberal tradition listed above.  Those central features of early modern evangelical culture might be quickly and crudely summarized thus: enslavement of the will, with total ... read more
    Source: Econ Marginal Revolution 4Published on 2021-09-27
  • Building Capacity versus Getting Things Done
    Lant Pritchett makes an excellent point that building capacity and getting things done are sometimes in conflict. A third common flaw in development efforts is to “cocoon” projects from the normal channels of implementation. If one feels very strongly that something needs to be done and one knows that ... read more
    Source: Econ Marginal Revolution 4Published on 2021-09-26
  • What I’ve been reading
    1. Anne Enright, The Green Road.  Could Enright be the least heralded, English-language novelist in the United States today?  I also was a big fan of her last book Actress.  Her short pieces are wonderful as well.  Having won a Booker, she is hardly obscure, and yet I have ... read more
    Source: Econ Marginal Revolution 4Published on 2021-09-26
  • Herding, Warfare, and a Culture of Honor
    That is the title of a new and important paper by Yiming Cao, Benjamin Enke, Armin Falk, Paula Giuliano, and Nathan Nunn, here is the abstract: According to the widely known ‘culture of honor’ hypothesis from social psychology, traditional herding practices are believed to have generated a value system ... read more
    Source: Econ Marginal Revolution 4Published on 2021-09-24
  • A new hurdle for vaccine development
    Unless countries that have purchased vaccine doses and companies that have already brought vaccines into use agree to find ways to resolve the problem, manufacturers that trail the first wave of producers may not be able to prove that their vaccines work. Not only will that slow efforts ... read more
    Source: Econ Marginal Revolution 4Published on 2021-09-10
  • The “multiplier,” circa 2021
    A recent U.S. Chamber of Commerce survey found that 88 percent of commercial construction contractors reported moderate-to-high levels of difficulty finding skilled workers, and more than a third had to turn down work because of labor deficiencies. The industry could face a shortage of at least two million workers through ... read more
    Source: Econ Marginal Revolution 4Published on 2021-09-10
  • Emergent Ventures winners, sixteenth cohort
    Phoebe Yao, founder and CEO of Pareto, “a human API delivering the business functions startups desperately need.”  She was born in China, formerly of Stanford, and a former classical violist.  (By my mistake I left her off of a previous cohort list, apologies!) BeyondAging, a new group to support ... read more
    Source: Econ Marginal Revolution 4Published on 2021-09-10
  • Thursday assorted links
    Source: Econ Marginal Revolution 4Published on 2021-09-09
  • An Update on the U.S.–China Phase One Trade Deal
    Hunter L. Clark A Liberty Street Economics post from last summer by Matthew Higgins and Thomas Klitgaard contained an assessment of the Phase One trade agreement between the United States and China. The authors of that note found that, depending on how successfully the deal was implemented, the impact ... read more
    Source: Econ Liberty Street 5Published on 2021-10-06
  • Oil Prices, Global Demand Expectations, and Near-Term Global Inflation
    Jan J. J. Groen and Adam I. Noble Oil prices have increased by nearly 60 percent since the summer of 2020, coinciding with an upward trend in global inflation. If higher oil prices are the result of constrained supply, then this could pose some stagflation risks to the growth ... read more
    Source: Econ Liberty Street 5Published on 2021-10-04
  • What Quantity of Reserves Is Sufficient?
    Adam Copeland, Darrell Duffie, and Yilin (David) Yang A concern of the Federal Reserve is how to manage its balance sheet and whether, over the long run, the balance sheet should be small or large. In this post, we highlight results from a recent paper in which we show ... read more
    Source: Econ Liberty Street 5Published on 2021-09-29
  • The Spillover Effects of COVID-19 on Productivity throughout the Supply Chain
    Victoria E. Agwam, Pablo D. Azar, and Kyra Frye While the shocks from COVID-19 were concentrated in a handful of contact-intensive industries, they had rippling effects throughout the economy, which culminated in a considerable decline in U.S. GDP. In this post, we estimate how much of the fall in ... read more
    Source: Econ Liberty Street 5Published on 2021-09-27
  • The New York Fed DSGE Model Forecast—September 2021
    Marco Del Negro, Keshav Dogra, Shlok Goyal, Alissa Johnson, and Aidan Gleich This post presents an update of the economic forecasts generated by the Federal Reserve Bank of New York’s dynamic stochastic general equilibrium (DSGE) model. We describe very briefly our forecast and its change since June 2021. As ... read more
    Source: Econ Liberty Street 5Published on 2021-09-24
  • Have Consumers’ Long-Run Inflation Expectations Become Un-Anchored?
    Olivier Armantier, Fatima Boumahdi, Leo Goldman, Gizem Koşar, Jessica Lu, Giorgio Topa, and Wilbert van der Klaauw With the recent surge in inflation since the spring there has been an increase in consumers’ short-run (one-year ahead) and, to a lesser extent, medium-run (three-year ahead) inflation expectations (see Survey of ... read more
    Source: Econ Liberty Street 5Published on 2021-09-24
  • Twenty Years After 9/11, New York City’s Resilience Is Tested Once Again
    Jason Bram and Joelle Scally As we mourn the tragic losses of the 9/11 attacks twenty years on, we thought it would be appropriate to re-examine the remarkable resilience New York City’s economy has shown over the years—a resilience that is once again being tested by the ongoing COVID-19 ... read more
    Source: Econ Liberty Street 5Published on 2021-09-10
  • If Prices Fall, Mortgage Foreclosures Will Rise
    Andrew Haughwout and Belicia Rodriguez
    Source: Econ Liberty Street 5Published on 2021-09-08
  • Does the Rise in Housing Prices Suggest a Housing Bubble?
    Andrew Haughwout and Belicia Rodriguez House prices have risen rapidly during the pandemic, increasing even faster than the pace set before the 2007 financial crisis and subsequent recession. Is there a risk that another dangerous housing bubble is developing? This is a complicated question, and the answer has ... read more
    Source: Econ Liberty Street 5Published on 2021-09-08
  • The Housing Boom and the Decline in Mortgage Rates
    Haoyang Liu, David Lucca, Dean Parker, and Gabriela Rays-Wahba During the pandemic, national home values and housing activity soared as mortgage rates declined to historic lows. Under the canonical “user cost” house price model, home values are held to be very sensitive to interest rates, especially at low interest ... read more
    Source: Econ Liberty Street 5Published on 2021-09-07
  • Going with the Flow: Changes in Banks’ Business Model and Performance Implications
    Nicola Cetorelli, Michael G. Jacobides, and Samuel Stern Does the performance of banks improve or worsen when banks enter into new business activities? And does it matter which activities a bank expands into, or retreats from, and when that decision is made? These important questions have remained unaddressed due ... read more
    Source: Econ Liberty Street 5Published on 2021-09-01
  • Unequal Burdens: Racial Differences in ICU Stress during the Third Wave of COVID-19
    Ruchi Avtar, Rajashri Chakrabarti, and Maxim Pinkovskiy A critical risk during the COVID-19 pandemic has been the possibility of the hospital system becoming overwhelmed. COVID-19 not only has killed nearly 2 percent of people with confirmed infections but causes many more who contract it to develop severe ... read more
    Source: Econ Liberty Street 5Published on 2021-08-09
  • Forbearance Participation Declines as Programs’ End Nears
    Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw The Federal Reserve Bank of New York’s Center for Microeconomic Data today released its Quarterly Report on Household Debt and Credit for the second quarter of 2021. It showed that overall household debt increased at a quick clip over the period, with a ... read more
    Source: Econ Liberty Street 5Published on 2021-08-03
  • Who Received Forbearance Relief?
    Rajashri Chakrabarti, Jessica Lu, Joelle Scally, and Wilbert van der Klaauw Forbearance on debt repayment was a key provision of the CARES Act, legislation intended to combat the widespread economic losses stemming from the COVID-19 pandemic. This pause on required payments for federally guaranteed mortgages and student loans has ... read more
    Source: Econ Liberty Street 5Published on 2021-08-02
  • Intraday Timing of General Collateral Repo Markets
    Market participants have often noted that general collateral (GC) repo trades happen very early in the morning, with most activity being completed soon after markets open at 7 a.m. Data on intraday repo volumes timing ... read more
    Source: Econ Liberty Street 5Published on 2021-07-14