A comprehensive list of recently added postings on Dallasfed.org.
PCE inflation update
The headline, or all-items, PCE price index rose an annualized 7.7 percent in January after increasing an annualized 2.4 percent in December.
February 24, 2023
Banking Conditions Survey, February 2023
Loan demand declined for the fourth period in a row, with more than half of bankers reporting a decrease over the past six weeks.
February 21, 2023
Trade diversion has helped ease the impact of the embargo on Russian oil
Much has been made about the effect of Russia’s invasion of Ukraine on the price of oil. However, the price of oil was already drifting upward well before the invasion in late February 2022.
February 21, 2023
Energy Indicators, February 16
Natural gas prices have plunged since the start of the year. An unusually warm winter in both the United States and Europe kept demand low during the heating season, and European countries were able to import sufficient amounts of non-Russian gas to forestall a winter energy crisis.
February 16, 2023
Mexico’s economic growth slows in fourth quarter; outlook weakens
Mexico’s fourth-quarter GDP growth was slower than earlier in 2022, indicating that the Mexican economy was losing momentum. Still, growth was slightly faster than expected as GDP rose an annualized 1.6 percent compared with median expectations of 1.2 percent.
February 16, 2023
Dallas Fed, Latin American central banks explore financial stability risks
The COVID-19 pandemic, recent monetary tightening and a strengthening U.S. dollar were the themes explored during a recent conference organized by the Federal Reserve Bank of Dallas and the Center for Latin American Monetary Studies (CEMLA) and held at CEMLA’s Mexico City headquarters.
February 16, 2023
Financial Technology and the Transmission of Monetary Policy: The Role of Social Networks
This paper establishes that social networks play a key role in consumers’ adoption of FinTech lending, which amplifies the effects of a monetary stimulus.
February 14, 2023
Restoring price stability
Dallas Fed President Lorie Logan delivered this address at Prairie View A&M University.
February 14, 2023
Residential solar power shines on, backed by securitized lending
Residential solar is a small and rapidly expanding sector, and the securitization market—the packaging of loans to investors—has been one of the most popular sources of funding for new solar installations.
February 14, 2023
Southern New Mexico Economic Indicators
Southern New Mexico’s economy slowed on many fronts during the fourth quarter. Employment, home listings, cross-border trade and the rig count dropped. However, unemployment continued to decline.
February 10, 2023