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Same Target, Different Economies: A Cross-Country Analysis of Inflation
Though some countries adopt a common inflation target, nations often have different patterns of inflation.
The Value of $600 Across States Hit Hardest by COVID-19
The CARES act provides an extra $600 per week in unemployment benefits, but the purchasing power of those dollars varies across states, raising the question of whether the equal distribution of $600 across states is an equitable distribution.
COVID-19: What Do FREDcast Users Think about Economic Growth?
Professional forecasts abound, but what does the general public think will happen with the economy?
More Households Face Food Scarcity during COVID-19
More U.S. households are reporting that they sometimes or often do not have enough food, according to a new Census survey.
The Wage Bills of COVID-19
The largest potential wage loss comes from the health care and social assistance industry.
Decomposing the Low PCE Inflation Rate
The current low PCE inflation rate can largely be attributed to energy, health care, and housing.
Why the Same Inflation Target May Not Fit All Countries
The central banks of many advanced economies have adopted an inflation target at around 2%. But should they use the same target?
Will Workers Want To Be Laid Off?
The short-term income benefits from expanded unemployment insurance are unlikely to outweigh the long-term benefits of working.