Financial Stability

 

• Expanded central clearing would increase Treasury market resilience

  The smooth functioning of markets for Treasury securities is critically important to the U.S. economy. The federal government relies on the sale of Treasuries to finance essential services, and the Federal Reserve uses Treasury markets to implement monetary policy.

  December 23, 2022

• Lowest-income workers see accelerated earnings growth during pandemic

  In many respects, the pandemic has disproportionately harmed low-income workers. Earnings growth, triggered by labor shortages and high turnover rates, could be a rare exception.

  August 08, 2022

• Greater Hispanic outreach can improve take-up of earned income tax credit

  Despite the Earned Income Tax Credit’s many benefits, a large percentage of qualified workers do not claim it.

  March 21, 2022

• How PPP Loans Eluded Small Businesses of Color

  Using national- and state-representative data from small business owners from the Federal Reserve System’s Small Business Credit Survey, we found that small business owners of color were in greater need of financial support than their white-owned counterparts, but they successfully accessed the PPP less frequently.

  November 29, 2021

• Material Hardship and the CARES Act: Experiences of American Families

  How did households use the aid provided by the CARES Act? Who had trouble accessing benefits? And in a polarized political climate, what did Americans think about the way the expanded safety net was offered—for themselves and their communities?

  June 30, 2021

• Hard-Hit Child Care Industry May Need Multisector Response to Revive and Thrive

  Millions of U.S. workers have lost their jobs during the pandemic. When they are ready to return to work, their child care options may be few.

  February 11, 2021

• The Federal Reserve Is Updating the Community Reinvestment Act. Here’s How You Can Help.

  Whether you are a community-service organization member, an economic development professional or simply interested in helping communities in our region thrive, your comments and ideas are a critical part of ensuring an inclusive financial services industry.

  January 13, 2021

• Retirement Reality Check

  While longer-term concerns may be taking a backseat to short-term ones during the crisis, the pandemic underscores how important it is for individuals to invest in their own financial security.

  December 11, 2020

• Who Benefited from the Paycheck Protection Program? Our Texas Analysis Offers an Early Look

  Though many hail the Paycheck Protection Program as a historic lifeline for the economy, others have raised concerns that the program reinforces inequities and has led to loan approvals not in alignment with its mission.

  September 04, 2020

• Women-Veteran Entrepreneurs Face Hardships Made Worse by Pandemic

  Businesses that were already vulnerable before the COVID-19 pandemic have become even more so during the ensuing recession the last few months. These businesses tend to be smaller and younger and are disproportionately owned by Hispanic and especially Black entrepreneurs.

  August 24, 2020