ECONOMY
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The New York Fed DSGE Model Forecast—September 2026
[ad_1] Marco Del Negro, Keshav Dogra, Elena Elbarmi, Donggyu Lee, Michael Pham, and Elizabeth Wright This post presents an update…
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The Disappearing Overnight Drift – Liberty Street Economics
[ad_1] Nina Boyarchenko, Lars C. Larsen, and Paul Whelan In a 2021 Liberty Street Economics post, we documented the “overnight…
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How Resilient Were Emerging Market Economies Through the 2022-23 U.S. Monetary Tightening Cycle?
[ad_1] Shaghil Ahmed, Ozge Akinci, and Albert Queralto The cross-border spillover effects of shifts in U.S. monetary policy have long…
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The Post-COVID Decline in the Labor Share
[ad_1] Richard Audoly, Miles Guerin, Srinidhi Narayanan, and Rachel Schuh The labor share of income in the U.S. is currently…
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The New York Fed DSGE Model Forecast—June 2026
[ad_1] Marco Del Negro, Keshav Dogra, Elena Elbarmi, Donggyu Lee, and Michael Pham This post presents an update of the…
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Same Shock, Different Roads? A K-Shaped Pattern at the Pump
[ad_1] Rajashri Chakrabarti, Thu Pham, Beck Pierce, and Maxim Pinkovskiy In March 2026, energy prices surged to a four-year high,…
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Honey, Who Shrunk the U.S. Income Surplus?
[ad_1] Matthew Higgins and Thomas Klitgaard Foreign holdings of U.S. financial assets are immense, with official estimates putting their current…
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Remote Work Leaves Younger Workers Sidelined
[ad_1] Natalia Emanuel, Emma Harrington, and Amanda Pallais Youth unemployment has risen dramatically since the pandemic—as has the prevalence of…
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Struggling Regional Small Businesses Deeply Pessimistic About 2026 Prospects
[ad_1] Will Aarons and Asani Sarkar We recently updated the suite of indicators describing the performance of small businesses in…
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The Unintended Effects of Interest Rate Caps: Credit Rationing for Risky Borrowers
[ad_1] Rajashri Chakrabarti, Gabriel Leonard, Donald P. Morgan, Thu Pham, and Lee Seltzer In imperial China, 3 percent was the…
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