Global Perspectives: William Dudley on the Financial Crisis, the New York Fed and Misconceptions about the Fed
Dudley and Dallas Fed President Robert S. Kaplan discussed Dudley’s role during the financial crisis, his leadership of the New York Fed and popular misconceptions about the Fed.
Dallas Fed Energy Survey Results Point to Bleak Outlook for Oil Industry
The price of West Texas Intermediate (WTI) crude oil has plunged more than 50 percent since the start of the year as the coronavirus (COVID-19) pandemic has taken hold and a dispute between energy giants Saudi Arabia and Russia threatens to flood the market with crude oil.
How the Saudi Decision to Launch a Price War Is Reshaping the Global Oil Market
In the second week of March, the already fragile global oil market was rocked by Saudi Arabia’s announcement that it would expand oil production to unprecedented levels, signaling an end to its price cooperation with Russia.
Without Immigration, U.S. Economy Will Struggle to Grow
Slowing labor force growth is the product of a number of factors—the aging of the U.S. population, retiring baby boomers and declining birth rates. But another element is immigration.
Monetary Policy in Time of Pandemic
Some monetary policy strategies have greater potential than others to mitigate pandemic-related financial strains.
Emerging-Market Economies Face COVID-19 and a 'Sudden Stop' in Capital Flows
A rise in global risk at a time of investor risk aversion led to a rapid flight from emerging-market assets.
Falling Oil Prices Drag Down U.S. Business Investment
The dramatic decline in the price of oil has led to massive investment reductions by U.S. oil and gas producers.
Real-Time Survey to Provide Timelier Labor Market Data in Era of COVID-19
An effective economic policy response to the rapidly evolving coronavirus (COVID-19) crisis requires timely and accurate information on its impact. To help reduce the information gap, we introduce the Real-Time Population Survey.
Global Perspectives: Tom Hoenig on the Costs of COVID-19, Modern Monetary Theory and Fed Leadership
Hoenig and Dallas Fed President Rob Kaplan discussed Hoenig’s views on the costs of the current crisis, potential solutions and the elements of effective leadership at the Fed.
How Falling Oil Prices in Early 2020 Weakened the U.S. Economy
The benchmark West Texas Intermediate (WTI) price of oil dropped by more than half from Jan. 21 to April 3. This oil price decline has weakened rather than strengthened the U.S. economy, making this event different from past episodes of falling oil prices.