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Newsletter
Inflation Expectations, the Phillips Curve, and the Fed’s Dual Mandate
Ihrig, Jane E.; Peneva, Ekaterina V.; Wolla, Scott A. (2021-07-15)
This Summer 2021 issue of Page One Economics describes how to think about stable prices, how inflation has evolved in recent years, how the relationship between inflation and employment is changing, and what the Federal Open Market Committee (FOMC) has recently stated about its strategy to meet its price stability goal.
Page One Economics Newsletter

Newsletter
Credit Bureaus: The Record Keepers
Bennett, Jeannette N. (2017-12)
If you've taken a personal finance class, listened to the news on radio or television, read articles in the newspaper, or participated in social media, chances are you've seen or heard something about a credit bureau. In fact, the term "credit bureau" is so commonly mentioned that you may have not given much thought to the work and power of credit bureaus and how this affects you. Actually, there is much to learn about credit bureaus?and the records they keep.
Page One Economics Newsletter

Newsletter
Your Social Security Number: The 9-Digit Evolution
Bennett, Jeannette N. (2020-01-02)
Your unique 9-digit Social Security number follows you throughout your lifetime. How did this number’s importance evolve? Discover answers in the January 2020 issue of Page One Economics: Focus on Finance, which traces Social Security number usage from its beginning in 1935 to current times.
Page One Economics Newsletter

Newsletter
Economics and the environment
Wolla, Scott A. (2014-09)
How are economics and the environment related? The quick answer is that environmental quality is a worthy goal, but there is an economic trade-off -- a clean environment does not come without costs. The September 2014 Page One Economics article, "Economics and the Environment", provides some economic strategies for protecting the environment.
Page One Economics Newsletter

Newsletter
Exploring the Dynamics of Unemployment
Caceres-Santamaria, Andrea (2024-05)
Unemployment dynamics influence people’s reasons for entering the labor market and their behavior within it. This article uses Bureau of Labor Statistics (BLS) Consumer Population Survey (CPS) data to examine labor market trends and the experiences of new entrants, re-entrants, job leavers, and job losers, highlighting how each group's behavior differs over time and during economic downturns. It emphasizes the impact of recessions on overall unemployment rates and cyclical sensitivity: This understanding can help policymakers and businesses make informed decisions and foster growth while ...
Page One Economics Newsletter

Newsletter
What Is the Best Strategy for Paying Off Credit Card Debt?
Peate, Mary Clare (2023-02)
Most of us use credit cards, and many of us have credit card debt. Economists and personal finance gurus disagree on the best strategies for paying off that debt across multiple credit cards. Check out our February 2023 issue of Page One Economics®: Focus on Finance to see why.
Page One Economics Newsletter

Newsletter
How Federal Reserve Bank Presidents Ensure “Main Street” is Represented in Monetary Policy
Wolla, Scott A. (2022-11)
The Federal Reserve’s Federal Open Market Committee conducts monetary policy to promote maximum employment and price stability in the U.S. economy. Monetary policy is made at the national level, but it’s important that policy reflects the economic voices beyond Washington, D.C., and Wall Street. The November issue of Page One Economics explains how Federal Reserve Bank presidents ensure the voices of “Main Street” are reflected in monetary policy decisions.
Page One Economics Newsletter

Newsletter
How Economics Informs Environmental Policy: A Case Study of Shale Gas and Oil
Perkis, David F. (2019-03)
When setting environmental policy, regulators may cap the amount of a pollutant allowed, charge per unit emitted, or ban it outright. The March 2019 Issue of Page One Economics explores these policy options and how they may apply to the booming U.S. shale gas and oil industry.
Page One Economics Newsletter

Newsletter
On the Move: Renting Basics
Bertelsen, Kris (2018-02)
Getting your own place is a major step toward independence and adulthood. It is often considered a rite of passage, and living successfully on your own helps build confidence. You can get started on a successful path through careful preparation and effective planning. Creating a realistic budget is important. Once you've started your search for a new place to live, weighing your options with important criteria will help you find the best choice. And when you sign a lease, make sure you clearly understand the terms so there aren't any financial surprises. Finally, if you maintain a good credit ...
Page One Economics Newsletter

Newsletter
Minding the Output Gap: What Is Potential GDP and Why Does It Matter?
Wolla, Scott A. (2021-05-03)
Potential output is an estimate of what the economy could produce. Actual output is what the economy does produce. If actual is below potential -- a negative output gap -- there is "slack" in the economy. If actual is above potential -- a positive output gap -- resources are fully employed, or perhaps overutilized. This issue of Page One Economics explains how the output gap is useful for checking the health of the economy. It also points out how errors in the estimation of potential real GDP can reduce the effectiveness of policy.
Page One Economics Newsletter

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