Macro Musings

If the Fed were to review its operating system, it could consider transitioning from an ample-reserves framework to a tiered-reserves framework as a way to improve financial stability and minimize its financial footprint.

Understanding the linkages between monetary policy, fiscal policy, and economic growth are key to ensuring macroeconomic stability.

As real-time economic analysis becomes an increasingly important part of the policymaking process, it’s more important than ever to ensure that statistical agencies receive the funding they need.

Understanding the trinity of forces that drove the inflation surge during the pandemic period may provide valuable insights on how to prevent a similar episode in the future.

As Argentina’s economy continues to recover and rebound, transitioning to a dollarization policy may be the next step toward achieving economic revival.

When measuring the impacts of rising inflation on workers, it’s important to factor in the conflict costs associated with negotiating higher wages.

Recent data reveals that when U.S. presidents exert political pressure on the Federal Reserve, significant swings in inflation often follow.

Expanding institutional cryptocurrency adoption could be a crucial strategy for helping curb the expansion of China’s growing digital authoritarianism across the globe.

Establishing a new pre-positioning rule could be a novel solution that would help normalize and destigmatize the use of the discount window moving forward.

As birth rates continue to decline around the globe, it’s important to recognize the wide range of benefits that come with having more children and larger families.