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Discussion Paper
Just Released: Hints of Increased Hardship in America’s Oil-Producing Counties

Today, the New York Fed released the Quarterly Report on Household Debt and Credit for the first quarter of 2016. Overall debt saw one of its larger increases since deleveraging ended, while delinquency rates for the United States continued to improve and remain at very low levels. Although the overall picture of Americans? liabilities has continued to improve since the financial crisis, we wondered what the variation looks like at local levels. One advantage of our Consumer Credit Panel (CCP), which is based on Equifax credit data, is that we can examine geographic variation in debt and ...
Liberty Street Economics , Paper 20160524

Global Perspectives: Marvin E. Odum on the COVID-19 Fight, Energy Outlook

Odum and Dallas Fed President Robert S. Kaplan participated in a moderated conversation with Krys Boyd of KERA and discussed the ongoing pandemic and how best to contain it.
Dallas Fed Economics

A New View of the Relationship Between Oil Prices, Gasoline Prices and Inflation Expectations

It has been considered self-evident until recently that oil prices drive inflation expectations, but new evidence calls into question this conclusion.
Dallas Fed Economics

Journal Article
Addressing Texas grid reliability: Time to go nuclear?

Thirty years after Texas’ last nuclear plant opened, new nuclear generation could provide needed power without planet-warming greenhouse gas emissions.
Southwest Economy

Russia’s War on Ukraine Will Leave Scars on U.S., World Economies

The conflict may alter the global economic and geopolitical order, leading to a new era of deglobalization.
Dallas Fed Economics

Speech
Opening Remarks for 'Energy and the Economy: The New Energy Landscape' Conference

Dallas Fed President Lorie Logan delivered this address to open the conference hosted by the Federal Reserve Banks of Dallas and Kansas City in Houston.
Speeches and Essays

Speech
Navigating in shallow waters: Monetary policy strategy in a better-balanced economy

Dallas Fed President Lorie K. Logan delivered these remarks at the ninth joint energy conference hosted by the Federal Reserve Banks of Dallas and Kansas City.
Speeches and Essays

Modern Refineries, Shale Boom Upend Traditional Oil Price Relationships

Different crude oils can sell for dramatically different prices with sometimes far-reaching effects on the energy industry—from impacts on oil producers’ production decisions to oil refineries’ profit margins.
Dallas Fed Economics

Energy Financing Trends Consistent with Renewables’ Growth

Equity markets appear to favor renewable-energy producers relative to their hydrocarbon counterparts. However, the relatively smaller size of many renewables projects complicates direct comparisons of bank lending to hydrocarbon and renewable entities.
Dallas Fed Economics

Geopolitical oil price risk not a major driver of global macroeconomic fluctuations

Notwithstanding the attention geopolitical events in oil markets have attracted, we find that geopolitical oil price risk is unlikely to generate sizable recessionary effects.
Dallas Fed Economics

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