The U.S. central bank should not take tariffs' muted effect on inflation so far as an opportunity to cut interest rates, but ...

Whatever happens at September's Federal Reserve meeting will pale in comparison to a wholesale rethinking of the U.S. central ...

Explore how strong US fiscal flows & potential Fed actions may impact liquidity, risk assets, & real estate in Q3 2025.

Stephen I. Miran may spend only a few months on the central bank’s board of governors, but in that time he can influence the ...

JPMorgan Chase & Co.’s top U.S. economist now expects the Federal Reserve will cut interest rates three times in 2025, ...

Quantitative easing (QE) has been criticized for helping fuel the post-COVID inflation boom and causing large central bank losses. In this paper, we argue that QE should be evaluated mainly on its ...

A weak July jobs report could prompt the Federal Reserve to make its first interest rate cut of the year, as more officials ...

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on ...

Stephen Miran’s nomination for a short-term seat on the Federal Reserve gives the president the chance he’s been waiting for ...