Central banks, inflation, jobs, growth and global economic policy.
Labor markets around the world are being reshaped by powerful trends, including rapid advances in artificial intelligence (AI), and population aging in some regions and youth bulges in others. AI's impact on labor market...
A look at men’s and women’s preferences for sex composition, or the mix of men and women, in the workplace.
A look at the changes in underlying inflation over the past four months using the New York Fed’s Multivariate Core Trend (MCT) inflation model.
Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 to 13 percent. In this blog post, we ask how much of the tariffs were paid by the U.S., using import data through November 2025. We find...
Though still near low long-term levels, mortgage delinquencies are up, especially in areas with rising unemployment and worse housing market conditions.
A look at how nonlinear inflation dynamics relate to the slope of the Phillips curve.
The author presents evidence showing that the Phillips curve is alive and steep, and it captures inflation volatility remarkably well.
A look at the New York Fed’s Economic Heterogeneity Indicators (EHIs), which have been expanded to include the performance of small businesses.
A look at a new set of metrics being added to the New York Fed’s Economic Heterogeneity Indicators (EHIs) which covers consumer spending.
A look at a novel method to infer quality changes, which is applied to U.S. price indices and suggests that import price inflation is overstated.
A look at the differences in weekly earnings for prime-aged (25-54) workers with and without disabilities.
A look at how prime-aged (25-54) workers with disabilities have fared in the labor market compared to the year prior to the pandemic.