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Author:Hasenstab, Maria 

Are Low Interest Rates Better for Savers or Borrowers?

The obvious answer might seem to be borrowers. But when you factor in low inflation, savers can earn a higher real interest rate than they realized.
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Mary Daly's Mentors Include Her Counselor, Professor--and Former Fed Chair Janet Yellen

From high school dropout to San Francisco Fed research director: In this Women in Economics podcast interview, Daly shares the importance of mentors.
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Nonfarm Payrolls: Why Farmers Aren't Included in Jobs Data

Nonfarm payroll employment does not reflect agriculture jobs. These aren't included in the BLS jobs report due to factors including self-employment among farmers.
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What an Economist Considers When Buying a Bottle of Wine

Research Officer Alex Monge-Naranjo discusses the economics in decisions, and shares his thoughts about being and becoming an economist.
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15 Ways to Plug Leaks in Your Budget

From downgrading subscription services to reassessing little-used memberships, here's how to get more control of your budget.
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Holiday Retail Trends, Past and Present(s)

Survey data showed Americans planning to spend $1,048 on average for the 2019 season, up 4% from 2018. Here's a look at seasonal sales and retailers' expectations.
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The Impact of Mothers: Stories from Three Economists

Three women making their marks in the field of economics highlighted the power of mothers as mentors, role models and teachers in recent Women in Economics podcast episodes.
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From Complex Supply Chains to Bottlenecks to Inflation

The process of making some products has grown more fragmented and complex, meaning now-global supply chains are more exposed to shocks, an economist said.
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Here's Why the U.S. No Longer Follows a Gold Standard

Calls for the U.S. to tie its currency to the price of gold still occur. What is the gold standard, and why does the U.S. no longer use it?
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A Quick History of the Christmas Tree Industry

A 1971 article from the St. Louis Fed's archives tracks how a holiday tradition became a booming business.
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