Measuring Labor Market Tightness: Data Update and New Web Feature
A look at the New York Fed’s new regularly updated labor market tightness index and how it tracks wage inflation.
Today's focus
Equities Global marketsCentral banks Rates & policyTechnology AI & innovationEnergy Commodities & supplyGlobal trade Business & geopolitics
Trade World News / Section
Economy
Central banks, inflation, jobs, growth and global economic policy.
TW
Latest stories
212 stories
Economy desk
What Is a Carbon Tariff and Why Is the EU Imposing One?
A look at the possible results of the EU expanding the Emissions Trading System (ETS) to imports in 2026.
What Can Undermine a Carbon Tax?
A look at a strategy some firms use to offset and undermine a carbon tax, implemented to establish high carbon prices and encourage cleaner energy.
Which Entrepreneurs Boost Productivity?
A look at the characteristics of transformative entrepreneurs who generate disproportionate productivity gains.
Tariffs, Trade, and Tumbling Credit Scores: The Top 5 LSE Posts of 2025
A look at the top five posts of the New York Fed’s Liberty Street Economics blog in 2025. Among the topics: How businesses are responding to higher tariffs.
A New Public Data Source: Call Reports from 1959 to 2025
A new public dataset standardizes key balance sheet data for U.S. commercial banks since 1959—offering researchers a window into industry trends over time.
Letters of Recommendation in the PhD Job Market: Lessons from Specialized Banks
A look at how a model of banks’ lending decisions can be applied to how institutions evaluate job candidates using letters of recommendation.
Designing Bank Regulation with Accounting Discretion
A look at the challenges involved in designing and implementing bank regulation, focusing on bank capital.
The New York Fed DSGE Model Forecast— December 2025
The authors present an update of the economic forecasts generated by the Federal Reserve Bank of New York’s dynamic stochastic general equilibrium (DSGE) model. They describe their forecast and its change since September...
The Future of Payment Infrastructure Could Be Permissionless
A look at how stablecoins are transferred by global, open-access, peer-to-peer systems—or “permissionless systems,” for short.
How Businesses Set Prices—In Their Own Words
A look at the factors that businesses consider when adjusting their prices in response to various shocks.
Is Monetary Policy Still Seasonal?
An update on previous research that finds that the seasonal pattern in monetary policy still holds today.