A brief discussion regarding the impact of climate change on economic conditions in the Eleventh District
One factor being increasingly discussed at the Dallas Fed is the impact of climate change on the Eleventh District, says Dallas Fed President Rob Kaplan. In particular, severe weather events can have a substantial human and economic cost to the district.
June 27, 2019
Consumers’ and economists’ differing inflation views can complicate policymaking
Economists and consumers likely think of different concepts when they consider inflation. Economists typically focus on the underlying trend that monetary policy can steer. U.S. consumers appear to think instead about unpredictable changes in prices most relevant to their regular decision-making.
June 25, 2019
Has U.S. monetary policy gone off track?
The actions of the Federal Open Market Committee (FOMC) can be explained by the committee’s pursuit of full employment and price stability.
June 06, 2019
Remarks for Hoover Institution monetary policy conference
In his remarks given on May 3, 2019, at “Strategies for Monetary Policy: A Policy Conference” hosted by the Hoover Institution, President Rob Kaplan discusses some of the potential issues raised by recent weakness in headline and core inflation measures.
May 07, 2019
Risks abound If China uses debt to stimulate economy from current downturn
The Chinese economy is losing steam. As China considers how to work through its difficulties, its chances of success may depend on how it finances the debt it incurs while attempting to boost economic activity.
April 02, 2019
Global Perspectives: Richard Clarida on U.S. monetary policy
Federal Reserve Vice Chairman Richard Clarida discusses a range of topics, including the challenges facing monetary policymakers, the U.S. fiscal situation and the global role of the dollar.
March 07, 2019
Inverted yield curve (nearly always) signals tight monetary policy, rising unemployment
With long-term interest rates falling and short-term rates rising, there has been increasing talk of a possible yield-curve inversion and speculation about what an inversion might mean for the U.S. economy.
February 12, 2019
The value of patience
In his latest essay, posted on Dallas Fed Economics, President Rob Kaplan provides his assessment of current economic conditions and implications for monetary policy.
February 05, 2019