Before the Forecasters Club of New York, President James Bullard posed and discussed key questions related to the overall economy and to the Fed in particular. These covered interest rates, inflation, the Fed’s balance sheet and the potential impact of some of the new administration’s expected policies.
Presentation (pdf)
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Press Release
New policies that are being developed in Washington in the aftermath of the election could impact the current environment of low interest rates if those policies are directed at improving productivity growth, President James Bullard said in a presentation at Arizona State University in Phoenix.
Presentation (pdf)
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Press Release
The upward trend in per capita consumer debt slowed in the third quarter of 2016.
The labor force participation rate for married men has dropped, while the rate for married women has risen. Husbands may be working part time or even staying out of the workforce, while wives—who have become more educated—are more likely to work full time.
Even without bad choices or bad luck, younger, less educated or nonwhite families are more likely to be delinquent on loans.
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