2022

Nov 03, 2022

ATM Attack Trends and Defenses - November 3, 2022

Join us for a November 3 Talk About Payments webinar, when a panel of security experts will discuss trends in cyber and physical attacks against ATM terminals and personnel.

Sep 30, 2022

Underlying Inflation Dashboard Updated

We've updated our Underlying Inflation Dashboard with data from the US Bureau of Economic Analysis and the Federal Reserve Bank of Dallas.

Sep 30, 2022

Atlanta Fed Taylor Rule Utility Updated

The data have been updated and incorporate recent releases from the US Bureau of Economic Analysis as well as Cleveland and Atlanta Fed model nowcasts.

Sep 30, 2022

Third-Quarter GDP Growth Estimate Increases

On September 30, the GDPNow model estimate for real GDP growth in the third quarter of 2022 is 2.4 percent, up from 0.3 percent on September 27. View GDPNow for more details.

Sep 29, 2022

Atlanta Fed Supervision Head Discusses Banking Trends, FedNow, and Regulation of Crypto Assets

Doris Quiros of the Atlanta Fed's Supervision, Regulation, and Credit Division discusses banking conditions and supervisory updates in the new "ViewPoint."

Sep 29, 2022

Regional Banking Conditions Discussed in "ViewPoint"

The third quarter 2022 edition of Economy Matters' "ViewPoint," from the Atlanta Fed's Supervision, Regulation, and Credit Division, takes a look at national and southeastern banking conditions, including earnings performance, asset quality, and more.

Sep 29, 2022

Why Aging Induces Deflation and Secular Stagnation

Many industrialized countries experienced a lengthy episode of low inflation rates, real interest rates, and growth of per capita gross domestic product before the COVID pandemic. The authors of this working paper propose a lifecycle model and show how and why aging induces downward pressure on these indicators of aggregate activity.

Sep 29, 2022

"We Have Formed Really Good Relationships with Our Member Banks": A Conversation about Banking

The pandemic’s impact on the economy significantly complicated how we measure gross domestic product. Pat Higgins, an Atlanta Fed economist, joins the Economy Matters podcast to discuss the GDPNow tool and recent developments in gross domestic product.

Sep 29, 2022

The Good, the Bad, and the Ordinary: Estimating Agent Value-Added Using Real Estate Transactions

The authors of this working paper document significant heterogeneity in real estate agent performance when selling and buying homes. Most agents do not negotiate better prices for their clients, and they do not outperform nonagents who list their own properties on the Multiple Listing Service.

Sep 28, 2022

Discontent, Occupational Change, and the Roles Workers Are Leaving amid the Great Resignation

When workers quit, what jobs are they leaving? Are they switching from one occupation to another at a faster pace than before the pandemic? Read Workforce Currents article for a dive into Census Bureau data to look for patterns.

Sep 28, 2022

Survey of Business Uncertainty Released

Are changes in economic conditions affecting the outlook of businesses in your community? Find out what a national sample of firms thinks about the future with our Survey of Business Uncertainty.

Sep 27, 2022

Third-Quarter GDP Growth Estimate Unchanged

On September 27, the GDPNow model estimate for real GDP growth in the third quarter of 2022 is 0.3 percent, unchanged from September 20 after rounding. View GDPNow for more details.

Sep 26, 2022

Atlanta Fed President Discusses Wealth Inequality on Washington Post Live

Atlanta Fed president Raphael Bostic talks with David J. Lynch, global economic correspondent, on Washington Post Live about the causes and impacts of economic inequalities in the United States.

Sep 26, 2022

Fed Program Helps Teachers Promote Economics Knowledge, Careers

Program focuses on teaching economics to children of color in low- and moderate-income school districts.

Sep 26, 2022

Entrepreneurship through Employee Mobility, Innovation, and Growth

Using data on inventor mobility and firm innovation, the author of this working paper examines how employees of enterprises can transition to leading their own companies. She finds that noncompete clauses in many employee contracts are too restrictive and can reduce innovation and growth.

Sep 26, 2022

Next-Generation ATMs: Innovations and Updates

Today's ATMs are not your mother's ATMs. Read Take On Payments to learn about some of the changes coming to these machines, including better defenses against hacking and the ability for consumers to pay bills and listen to music.

Sep 25, 2022

President Bostic Talks About the State of the Economy with CBS News

Raphael Bostic, president of the Federal Reserve Bank of Atlanta, discusses inflation and the labor market in the current economic climate with Margaret Brennan on Face the Nation.

Sep 23, 2022

How Has the Market Responded to Restoring Price Stability?

As new data alter views on the optimal policy for controlling inflation, markets react in response. A Policy Hub: Macroblog post views a range of recent reactions and weighs what they mean for future market behavior.

Sep 21, 2022

Atlanta Fed Taylor Rule Utility Updated

The data incorporate updated longer-run projections and the change in the target range for the federal funds rate following the recent meeting of the Federal Open Market Committee as well as updated Cleveland and Atlanta Fed model nowcasts.

Sep 21, 2022

Federal Reserve Issues FOMC Statement

The Federal Open Market Committee announced its decision to raise the target range for the federal funds rate to 3 to 3-1/4 percent.

Sep 19, 2022

Jobs Calculator Updated with August State Data

Our state-level Jobs Calculator has been updated with August data from the US Bureau of Labor Statistics.

Sep 19, 2022

Continuous Improvement at the Cash Factory

What do a chocolate factory and FedCash Services have in common? They both have an important job to do and are always striving for better ways to do that job. Read Take On Payments to learn how the Fed is modernizing its cash supply chain.

Sep 19, 2022

October 3 and 4: Lessons from the Pandemic and the Path Ahead

Join us as we explore the implications of technology-enabled disruption during the pandemic on the US economy and how they matter to households and businesses.

Sep 14, 2022

Business Inflation Expectations Decrease to 3.3 Percent - September 2022

Firms' inflation expectations for the coming year decreased significantly to 3.3 percent. Sales levels compared to "normal times" decreased over the month, though profit margins increased, according to the Atlanta Fed's latest Business Inflation Expectations survey.

Sep 14, 2022

Underlying Inflation Dashboard Updated

We've updated our Underlying Inflation Dashboard with data from the US Bureau of Labor Statistics, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland.

Sep 13, 2022

myCPI Features August Data, Sticky-Price CPI Up 7.7 Percent in August

The Atlanta Fed's myCPI tool has been updated with new data. Compare your personal consumer price index with the US average.

Sep 12, 2022

The Not-Quite-Forgotten Check

When was the last time you wrote a check? Check usage may be dropping but losses from check fraud are rising. Read Take On Payments for a look at why criminals target the old-fashioned hand-written paper check.

Sep 08, 2022

Atlanta Fed Executives Discuss Community Banks' Role in the National Economy

Community banks occupy a crucial, but often unheralded, role in local economies. In this Economy Matters article, two top Atlanta Fed executives share their observations on community banks and their importance.

Sep 08, 2022

"It's a Harder Environment to Forecast In": Discussing the Science of Measuring GDP

The pandemic’s impact on the economy significantly complicated how we measure gross domestic product. Pat Higgins, an Atlanta Fed economist, joins the Economy Matters podcast to discuss the GDPNow tool and recent developments in gross domestic product.

Sep 08, 2022

Beige Book Picks Up Mixed Signals from the Southeast Economy

Although the southeastern economy has expanded of late, regional business contacts nevertheless harbor concerns about a looming slowdown. This Economy Matters article discusses the Beige Book's latest findings on conditions in a range of economic sectors including real estate, energy, and transportation.

Sep 07, 2022

Wage Growth Tracker 6.7 Percent

The Atlanta Fed's Wage Growth Tracker was 6.7 percent in August, the same as in July. For people who changed jobs, the Tracker in August was 8.4 percent, compared to 8.5 percent in July. For those not changing jobs, the Tracker was 5.6 percent, down from the 5.9 percent reading in July.

Sep 07, 2022

Residential Real Estate Forum: Strategies and Innovations for Home Ownership Attainability - September 7, 2022

Hear about innovations that seek to increase home ownership attainability. Replay our September 7 webinar.

Sep 06, 2022

Atlanta Fed Advances Its Sustainability Goals

For years, the Atlanta Fed has placed great emphasis on the environmental sustainability of its facilities and the quality of life as an employer. This Economy Matters article looks at recent accomplishments in several important areas.

Sep 06, 2022

Shift in Black Wealth Portends Complications for Future Generations

A shift in Black wealth away from real estate and toward pensions could have significant ramifications in the future transfer of wealth from older to younger generations. This Economy Matters article looks at another wrinkle in the complex tapestry of household wealth.

Sep 02, 2022

Labor Market Tracking Tools Updated with August Data

What do August employment data from the US Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Distributions Spider Chart, Labor Market Sliders, and Jobs Calculator to find out.

Sep 02, 2022

Emergency Rental Assistance Insights from the Southeast

Emergency Rental Assistance programs helped struggling renters during the pandemic. Community and Economic Development staff spoke with southeastern affordable rental housing stakeholders to understand local and state implementation of these programs. Learn more in Partners Update.

Sep 02, 2022

Labor Report First Look Updated

The Labor Report First Look for September offers an updated snapshot of current and historical employment data. We update the First Look's data with each release of the Employment Situation Summary from the US Bureau of Labor Statistics, which next occurs on October 7.

Sep 01, 2022

Orientación Financiera del Fed de Atlanta: Destreza de compra

Hacer una compra importante puede ser un proceso estresante, ya que a menudo están involucrados tanto el dinero como las emociones. Explore estrategias para ser un consumidor informado.

Sep 01, 2022

Financial Tips from the Atlanta Fed: Purchasing Prowess

Making a big-ticket purchase can be a stressful process since both money and emotions are often involved. Explore strategies to be an informed consumer.

Aug 31, 2022

President Bostic Discusses the Atlanta Fed with Georgia Fintech Academy

Atlanta Fed president Raphael Bostic spoke to students at the Georgia Fintech Academy about the role the Federal Reserve Bank of Atlanta plays in financial technology and the inclusiveness of the economy.

Aug 31, 2022

Lessons from the Past: Can the 1970s Help Inform the Future Path of Monetary Policy?

If past is prologue, what can we learn from the Fed's past efforts to tame today's inflationary environment? A Policy Hub: Macroblog post looks to the 1970s to draw some useful parallels between then and now.

Aug 31, 2022

Atlanta Fed Announces Promotions at Miami Branch

Bev Ferrell and Todd Henrich will take on new roles beginning November 1, 2022.

Aug 30, 2022

Labor Market Distributions Spider Chart Updated with July JOLTS Data

Monitor labor market progress with our Labor Market Distributions Spider Chart, now with July data on job openings, hires, layoffs, and quits (JOLTS).

Aug 30, 2022

CLIFF Dashboard Evaluations: Insights from Three State Pilots

The Atlanta Fed’s Career Ladder Identifier and Financial Forecaster (CLIFF) tools provide information about how public benefits change with income gains. This Partners Update article discusses three state pilot evaluations of one of the tools, the CLIFF Dashboard.

Aug 30, 2022

Risk Management Is Key to Monetary Policy in Uncertain Times

In his latest message, Atlanta Fed president Raphael Bostic discusses how inflation is causing pain for many Americans. He says working to regain price stability is extremely challenging but is the Federal Reserve's top monetary policy priority, and that commitment is unshakable. Read the essay to learn more.

Aug 29, 2022

Is There a Cost to Payments Exclusion?

Fed and other researchers have found that low-income consumers, who often lack credit cards, pay proportionally more to make a payment than do higher-income consumers. Read Take On Payments to learn how access to payment methods is a factor in the cost of making payments.

Aug 26, 2022

Atlanta Fed President Shares Insight on the Economy with Fox Business

Atlanta Fed president Raphael Bostic speaks with Edward Lawrence of Fox Business on Fed policy, inflation, and the state of the economy at the annual Kansas City Fed Economic Symposium in Jackson Hole, Wyoming.

Aug 26, 2022

President Bostic Discusses the Impact of Rate Hikes and Employment has on the Economy with Bloomberg

Raphael Bostic, Federal Reserve Bank of Atlanta president, sits with Michael McKee on Bloomberg The Open to share his insights on Fed policy, inflation, and the labor market during the Kansas City Fed Economic Symposium in Jackson Hole, Wyoming.

Aug 26, 2022

Atlanta Fed President Talks Inflation, Rate Hikes, and Economy with CNBC at Jackson Hole

Atlanta Fed president Raphael Bostic talks with Steve Liesman of CNBC at the Kansas City Fed Economic Symposium in Jackson Hole, Wyoming, about monetary policy's effect on inflation and the overall economy.

Aug 25, 2022

Privacy, Security Significant Concerns in Public Comments on CBDC

Public comments about a potential central bank digital currency now available for public review present a wide range of opinions. This Economy Matters article looks at privacy implications raised by consumers and how technology might address them.

Aug 25, 2022

Why CRA Modernization Matters

Vice Chair Lael Brainard of the Board of Governors and President Raphael Bostic of the Atlanta Fed discuss why it is essential to modernize the regulations that implement the Community Reinvestment Act (CRA). They also address the continued relevance that the CRA has in communities in the Southeast and across the country.

Aug 23, 2022

Benefits CLIFF Tool Partnerships Announced

The Atlanta Fed will partner with three community organizations this year to launch benefits cliffs dashboards.

Aug 22, 2022

Not-So-Common Scams Result in Large Losses

Fake cashier's checks and false claims of high-yield investment opportunities are two of the less-common types of fraud. Read Take On Payments for a helpful review of these financial scams.

Aug 17, 2022

Federal Open Market Committee Minutes Released

Read the minutes of last month's Federal Open Market Committee meeting.

Aug 17, 2022

Credit Card Debt Puzzle: Liquid Assets to Pay Bills

Does holding both liquid assets and credit card debt make sense? After all, interest rates paid on deposit accounts are lower than interest rates charged on unpaid credit card balances—yet many people make that choice. The authors of this working paper look at why.

Aug 16, 2022

Residential Real Estate Market Update: Firm Foundations or Shifting Sands? - August 16, 2022

What do current conditions and trends in residential real estate tell us about potential risks as the market confronts rising mortgage rates and declining home ownership affordability?

Aug 15, 2022

AI Is No Silver Bullet in Fighting Fraud

Artificial intelligence is a smart tool for many things, including detecting online fraud. Read Take On Payments for highlights from a recent report that discusses the benefits and risks of AI for this purpose.

Aug 11, 2022

"It's at Historically Low Levels": A Conversation about Housing Affordability

Between tight supplies and rising interest rates, housing affordability has been on a sharp decline. The conversation in this episode of the Economy Matters podcast talks about these and other factors affecting housing affordability. podcast

Aug 11, 2022

Wage Growth Tracker 6.7 percent

The Atlanta Fed's Wage Growth Tracker was 6.7 percent in July, the same as in June. For people who changed jobs, the Tracker in July was 8.5 percent, compared to 7.9 percent in June. For those not changing jobs, the Tracker was 5.9 percent, down from the 6.1 percent reading in June.

Aug 10, 2022

Business Inflation Expectations Decrease to 3.5 Percent - August 2022

Firms' inflation expectations for the coming year decreased significantly to 3.5 percent. Sales levels compared to "normal times" remained unchanged over the month, though profit margins decreased, according to the Atlanta Fed's latest Business Inflation Expectations survey.

Aug 09, 2022

Ask Us Anything: Partnerships between Community Development Financial Institutions and Workforce Development Organizations – August 9, 2022

Inability to secure capital to improve worker skills or expand training programs can prevent growth in a local economy. This Ask Us Anything webinar discusses how expanded partnerships between CDFIs and workforce training providers can fill a key financing need.

Aug 08, 2022

Market Probability Tracker Updated

On Friday, the US Bureau of Labor Statistics released July's employment report. Find out how this affected the market's assessment of future rate moves at the Market Probability Tracker.

Aug 08, 2022

Navigating Storm-Tossed Economy with BNPL

Are the buy now, pay later waters stormy for the merchant as well as the providers? Read Take On Payments for a follow-up to last week's post, with a look at BNPL from the merchant's perspective.

Aug 05, 2022

Labor Market Tracking Tools Updated with July Data

What do July employment data from the US Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Distributions Spider Chart, Labor Market Sliders, and Jobs Calculator to find out.

Aug 05, 2022

Labor Report First Look Updated

The Labor Report First Look for August offers an updated snapshot of current and historical employment data. We update the First Look's data with each release of the Employment Situation Summary from the US Bureau of Labor Statistics, which next occurs on September 2.

Aug 03, 2022

Road to Recovery: The State of Southeastern Small Businesses

As the United States continues to wrestle with the implications of COVID-19 and create a new normal for getting things done, at least 50 percent of firms in the Sixth District reported poor or fair financial conditions. Partners Update article examines disproportionate financial barriers in small businesses and businesses owned by people of color.

Aug 03, 2022

2022 Hurricane Season Raises Storm Awareness, Emphasizes Preparedness

As the Southeast braces for the annual hurricane season, this Economy Matters article examines the heightened attention weather events receive and discusses steps some industries take to safeguard their businesses.

Aug 02, 2022

2021 Annual Report

Review our audited financial statement, directors and officers, congressional report, and more.

Aug 02, 2022

Firms' Inflation Expectations: Not Unanchored, but Perhaps Unsettled?

Has today's persistently high inflation altered firms' expectations for inflation in the longer run? A Policy Hub: Macroblog post assesses recent survey data to arrive at some conclusions about how today's inflationary environment could translate into future outcomes.

Aug 02, 2022

Labor Market Distributions Spider Chart Updated with June JOLTS Data

Monitor labor market progress with our Labor Market Distributions Spider Chart, now with June data on job openings, hires, layoffs, and quits (JOLTS).

Aug 01, 2022

Financial Tips from the Atlanta Fed: Career Development Resources

Whether you are just beginning your career journey or ready for a detour, these career development resources can set you on a solid path. The Atlanta Fed's financial tips shares links to helpful resources.

Aug 01, 2022

BNPL Sailing toward Stormy Waters

The "buy now, pay later" method of payment has taken off over the past year and is projected to keep growing. Read Take On Payments for a discussion of some of the challenges this industry is facing.

Aug 01, 2022

Orientación Financiera del Fed de Atlanta: Recursos para desarollar su carrera

Ya sea que recién esté comenzando su viaje profesional o esté listo para un desvío, estos recursos de desarrollo profesional pueden ubicarlo en un camino sólido. Los consejos financieros de la Reserva Federal de Atlanta comparten enlaces a recursos útiles.

Jul 29, 2022

Atlanta Fed Announces New Position and Vice Presidents

The Federal Reserve Bank of Atlanta announces new roles for four leaders in the Sixth Federal Reserve District.

Jul 29, 2022

CDFIs Expand Access to Workforce Development Training

The workforce development sector needs new ways to finance education and training at every level. Community development financial institutions (CDFIs) can play an important role. This Partners Update article summarizes a recent paper that explores partnerships with CDFIs in the workforce development system.

Jul 29, 2022

President Bostic Discusses Inflation, Recession with NPR

Atlanta Fed president Raphael Bostic speaks with Leila Fadel of NPR about the effects of inflation and whether the United States is in a recession.

Jul 27, 2022

Federal Reserve Issues FOMC Statement

The Federal Open Market Committee said it will raise the target range for the federal funds rate to 2-1/4 to 2-1/2 percent.

Jul 25, 2022

Paper and Digital: The Two-Part Approach to Hurricane Preparedness

It's hurricane season, and if you live or work in the Southeast, you're affected. Read Take On Payments to learn what choices people make in preparing for impending storms and who is responsible for the increase in demand for cash.

Jul 18, 2022

Policy Updates Help Independent ATM Operators and Cash Users

Many people rely on cash, and ATMs are an excellent source. Recent regulatory updates could help independent operators place more ATMs. Read Take On Payments for a discussion of the updates.

Jul 15, 2022

Quantifying "Quantitative Tightening" (QT): How Many Rate Hikes Is QT Equivalent To?

Examining the relationship between the Fed's balance sheet policy and its interest rate policy, the author of this working paper quantifies how many interest rate hikes quantitative tightening equals, and he compares the effect of tightening during normal times versus during turbulent times.

Jul 15, 2022

Monetary Policy amid Global Uncertainty

As part of a three-day visit to the Tampa Bay area, Atlanta Fed president and CEO Raphael Bostic spoke about the economic outlook and monetary policy with Alexis Muellner, editor of the Tampa Bay Business Journal.

Jul 14, 2022

Household Financial Well-Being in the Southeast

A healthy economy is one that offers economic mobility and resilience to everyone. Read Partners Update for a discussion of two webinars in the Atlanta Fed’s Inclusive and Resilient Recovery series that looked at the financial health of households.

Jul 14, 2022

Pulling Back the Curtain on GDPNow

The Atlanta Fed’s GDPNow tool is watched closely these days amid concerns about inflation and the Fed’s raising of the fed funds rate. Read this Economy Matters article for a look at what GDPNow is and what it is not.

Jul 14, 2022

Market Probability Tracker Updated

On Wednesday, the US Bureau of Labor Statistics released June's Consumer Price Index. Find out how this affected the market's assessment of future rate moves at the Market Probability Tracker.

Jul 14, 2022

How Many Rate Hikes Does Quantitative Tightening Equal?

When the Fed shrinks its balance sheet, what is the effect on the fed funds rate? The author of this Policy Hub article quantifies how many interest rate hikes quantitative tightening equals and compares the effect of tightening during normal times versus during financial crises.

Jul 13, 2022

Wage Growth Tracker 6.7 percent

The Atlanta Fed's Wage Growth Tracker was 6.7 percent in June, up from 6.1 percent in May. For people who changed jobs, the Tracker in June was 7.9 percent, compared to 7.5 percent in May. For those not changing jobs, the Tracker was 6.1 percent, up from 5.4 percent in May.

Jul 13, 2022

Underlying Inflation Dashboard Updated

We'updated our Underlying Inflation Dashboard with data from the US Bureau of Labor Statistics, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland.

Jul 13, 2022

Rounded Wage Data and the Wage Growth Tracker: An Update

Understanding wage changes over time relies on consistent data. A Policy Hub: Macroblog post discusses how recent proposals would affect the ability of the Atlanta Fed's Wage Growth Tracker to accurately view wage changes over time.

Jul 13, 2022

Business Inflation Expectations Relatively Unchanged at 3.7 Percent - July 2022

Firms' inflation expectations for the coming year remained relatively unchanged at 3.7 percent. Sales levels and profit margins compared to "normal times" also remained relatively unchanged over the month, according to the Atlanta Fed's latest Business Inflation Expectations survey.

Jul 13, 2022

myCPI Features May Data, Sticky-Price CPI Up 8.1 Percent in June

The Atlanta Fed’s myCPI tool has been updated with new data. Compare your personal consumer price index with the US average.

Jul 13, 2022

Beige Book: Activity Grows, but More Slowly

Despite some pronounced headwinds, economic growth continues—albeit more slowly. This Economy Matters article discusses the Beige Book's latest findings on conditions in southeastern energy production, residential real estate, and more.

Jul 12, 2022

Partnerships between Community Development Financial Institutions and Workforce Development Organizations

Workforce development funding today is not enough to meet worker and employer demand. This discussion paper describes case studies where CDFIs have partnered with and helped finance organizations providing workforce training and development.

Jul 11, 2022

Modernizing Community Reinvestment Act Rules

In May, the federal banking regulators issued a joint notice on modernizing the regulations that implement the Community Reinvestment Act. This Partners Update article discusses proposed updates and asks the public to provide feedback through the public comment process.

Jul 11, 2022

Home Ownership Affordability Declines by Record Levels

This update on the Home Ownership Affordability Monitor's newest findings reveals weakening home affordability in many metro areas.

Jul 11, 2022

Drawing the Line on Consumer Protection

Read Take On Payments for a discussion of Reg E and recent lawsuits regarding authorized push payments and who has the responsibility for financial losses due to a scam.

Jul 11, 2022

Payment Card Adoption and Payment Choice

How do consumers without credit or debit cards make payments, and do consumers without these payment cards differ from other consumers? This Policy Hub article explores some questions surrounding inclusion in the payment system.

Jul 09, 2022

Market Probability Tracker Updated

On Friday, the US Bureau of Labor Statistics released June's employment report. Find out how this affected the market's assessment of future rate moves at the Market Probability Tracker.

Jul 08, 2022

Labor Market Tracking Tools Updated with June Data

What do June employment data from the US Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Distributions Spider Chart, Labor Market Sliders, and Jobs Calculator to find out.

Jul 08, 2022

The Shift to Remote Work Lessens Wage-Growth Pressures

The authors of this working paper find that the shift to remote work moderates wage growth by 2 percentage points over two years, shrinking the real-wage catchup effect on near-term inflation pressures by more than half.

Jul 08, 2022

Labor Report First Look Updated

The Labor Report First Look for July offers an updated snapshot of current and historical employment data. We update the First Look's data with each release of the Employment Situation Summary from the US Bureau of Labor Statistics, which next occurs on August 5.

Jul 08, 2022

Atlanta Fed President Shares Outlook on the State of the Economy

Raphael Bostic, Federal Reserve Bank of Atlanta president, was interviewed by Steve Liesman of CNBC about the actions needed to address inflation and June's jobs report.

Jul 07, 2022

Lessons Learned from Mortgage Borrower Policies and Outcomes during the COVID-19 Pandemic

The COVID-19 pandemic, the worst public health crisis in a century, caused significant distress in the mortgage market and led the federal government to intervene with an array of policies. This Policy Hub article looks at which policies helped mortgage holders—and which ones proved less effective.

Jul 06, 2022

Workshop on Monetary and Financial History: Day Two

The second day of the Atlanta Fed's recent workshop on monetary and financial history included discussions of the past and future of money, as well as the evolution of Fed policymaking. This Policy Hub: Macroblog post recaps the day's discussions and presentations.

Jul 06, 2022

Labor Market Distributions Spider Chart Updated with May JOLTS Data

Monitor labor market progress with our Labor Market Distributions Spider Chart, now with May data on job openings, hires, layoffs, and quits (JOLTS).

Jul 06, 2022

Federal Open Market Committee Minutes Released

Read the minutes of last month's Federal Open Market Committee meeting.

Jul 05, 2022

Regional Banking Conditions Discussed in "ViewPoint"

The second quarter 2022 edition of Economy Matters' "ViewPoint," from the Atlanta Fed's Supervision, Regulation, and Credit Division, takes a look at national and southeastern banking conditions, including earnings performance, asset quality, and more.

Jul 05, 2022

Atlanta Fed Supervision Head Discusses Banks, Payments, and the CRA

Doris Quiros of the Atlanta Fed's Supervision, Regulation, and Credit Division discusses banking conditions and supervisory updates in the new "ViewPoint."

Jul 05, 2022

Workshop on Monetary and Financial History: Day One

The Atlanta Fed recently held a two-day workshop on monetary and financial history, exploring what past events can reveal about today's economy. A new Policy Hub: Macroblog post summarizes the workshop's first day.

Jul 01, 2022

Atlanta Fed Taylor Rule Utility Updated

The data have been updated and incorporate recent releases from the US Bureau of Economic Analysis as well as Cleveland and Atlanta Fed model nowcasts.

Jul 01, 2022

Orientación Financiera del Fed de Atlanta: Ahorrar en las compras de regreso a la escuela

A medida que termina el verano, el regreso a la escuela significa volver a las compras escolares. Antes de que suene la primera campana, un poco de planificación puede ayudar a ahorrar dinero al abastecerse de suministros.

Jul 01, 2022

Financial Tips from the Atlanta Fed: Saving on Back to School Shopping

As summer ends, back to school means back to school shopping. Before the first bell rings, a little planning can help save money when stocking up on supplies.

Jun 29, 2022

Survey of Business Uncertainty Released

Are changes in economic conditions affecting the outlook of businesses in your community? Find out what a national sample of firms thinks about the future with our Survey of Business Uncertainty.

Jun 29, 2022

Is Our Fiscal System Discouraging Marriage? A New Look at the Marriage Tax

For richer or for poorer? Investigating a new measure of the marriage tax—the reduction in future spending from getting married—the authors of this working paper find that the marriage tax rate, which averages 2.69 percent reduces the probability of marrying by up to 13 percent.

Jun 27, 2022

The Ransomware Threat Continues to Grow

The FBI's Internet Crime Complaint Center reported a big surge in the number of ransomware attacks in 2021 and the financial losses due to them. Read Take On Payments for report highlights and steps companies can take to protect themselves.

Jun 23, 2022

Financial Markets Conference 2022: Exploring the Financial Sector

The second of two Policy Hub: Macroblog posts, looking back at the Atlanta Fed's recent Financial Markets Conference, examines three challenges facing the financial sector, including central bank digital currency; environmental, social, and corporate governance investing; and cybersecurity.

Jun 22, 2022

Jobs Calculator Updated with May State Data

Our state-level Jobs Calculator has been updated with May data from the US Bureau of Labor Statistics.

Jun 22, 2022

Should the United States Issue a Central Bank Digital Currency? Lessons from Abroad

This Policy Hub article explores four countries that have been at the forefront of discussion, research, or implementation of a central bank digital currency to help clarify possible implications of such a currency in the United States.

Jun 21, 2022

Inflation's Grip Tightens in the Southeast, but in Complicated Ways

To tame inflation, the factors behind it must first be understood. This Economy Matters article discusses Atlanta Fed efforts to talk to businesses to gain a grassroots understanding of the complex dynamics at work behind rising prices.

Jun 21, 2022

Considerations on ESG Investment Implementation

Investing according to environmental, social, and corporate governance (ESG) standards has become widespread. Read this Policy Hub article for a high-level overview of some considerations investment managers face when investing according to ESG standards.

Jun 17, 2022

President Bostic Shares Outlook on the Economy

Atlanta Fed president Raphael Bostic shares his views on inflation and the current state of the economy with Kai Ryssdal of American Public Media's Marketplace.

Jun 15, 2022

Federal Reserve Issues FOMC Statement

The Federal Open Market Committee said it will raise the target range for the federal funds rate to 1-1/2 to 1-3/4 percent.

Jun 15, 2022

Business Inflation Expectations Relatively Unchanged at 3.7 Percent - June 2022

Firms' inflation expectations for the coming year remained relatively unchanged at 3.7 percent. Sales levels compared to "normal times" decreased over the month, though profit margins were relatively unchanged, according to the Atlanta Fed's latest Business Inflation Expectations survey.

Jun 13, 2022

Quishing: Another "Fish" in the Fraud Ocean

Phishing, smishing, vishing, and quishing—different varieties of fraud with the same goal: to steal your credentials. Read Take On Payments for a discussion of the latest in quishing.

Jun 10, 2022

myCPI Features May Data, Sticky-Price CPI Up 7.5 Percent in May

The Atlanta Fed’s myCPI tool has been updated with new data. Compare your personal consumer price index with the US average.

Jun 09, 2022

Wage Growth Tracker 6.1 percent

The Atlanta Fed's Wage Growth Tracker was 6.1 percent in May, similar to the 6.0 percent readings in April and March. For people who changed jobs, the Tracker in May was 7.5 percent, compared to 7.2 percent in April and 7.1 percent in March. For those not changing jobs, the Tracker was 5.4 percent, little changed from the 5.3 percent readings for March and April.

Jun 06, 2022

Potential Change Could Affect US Consumers' Financial Data

Open banking gives bank customers more control over their financial data and access to a broader array of financial services. Read Take On Payments to learn about some recent developments that are moving the United States closer to implementation.

Jun 03, 2022

Financial Markets Conference 2022: Normalizing the Fed's Balance Sheet

The Atlanta Fed recently concluded its annual Financial Markets Conference. The first of two Policy Hub: Macroblog posts summarizes some of the discussions, which looked at possible economic implications of changes in the Fed's balance sheet.

Jun 03, 2022

Labor Market Tracking Tools Updated with May Data

What do May employment data from the US Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Distributions Spider Chart, Labor Market Sliders, and Jobs Calculator to find out.

Jun 03, 2022

Labor Report First Look Updated

The Labor Report First Look for June offers an updated snapshot of current and historical employment data. We update the First Look's data with each release of the Employment Situation Summary from the US Bureau of Labor Statistics, which next occurs on July 8.

Jun 02, 2022

The Transmission of Financial Shocks and Leverage of Financial Institutions: An Endogenous Regime-Switching Framework

Investigating the role of leverage of financial institutions in the transmission of financial shocks to the macroeconomy, the authors of this working paper find empirical evidence that the real effects of financial shocks were amplified by the leverage of financial institutions during the Great Recession.

Jun 02, 2022

Women's Experience in the Labor Market: Pandemic Reflections

The labor market has largely recovered from the unprecedented rates of unemployment the pandemic caused. But the data under the topline numbers tell a story about significant changes in the attachment of women, especially women of color, to the labor force. To learn more, read Workforce Currents.

Jun 01, 2022

Beige Book: Growth Chugs On amid Signs of Inflation's Impact

Even as signs emerge that rising inflation is affecting consumer behavior, regional businesses describe modest growth. This Economy Matters article discusses the Beige Book's latest findings on conditions in southeastern retailing, manufacturing, and more.

Jun 01, 2022

Labor Market Distributions Spider Chart Updated with April JOLTS Data

Monitor labor market progress with our Labor Market Distributions Spider Chart, now with April data on job openings, hires, layoffs, and quits (JOLTS).

Jun 01, 2022

Orientación Financiera del Fed de Atlanta: Consideraciones sobre el automóvil

Ya sea que esté considerando comprar un vehículo nuevo o nuevo para usted o tal vez solo quiera asegurarse de que su automóvil esté listo para la carretera, estas estrategias pueden ayudarlo a seguir rodando este verano.

Jun 01, 2022

Financial Tips from the Atlanta Fed: Car Considerations

Whether you are considering buying a new or new-to-you vehicle or perhaps you just want to ensure that your car is road ready, these strategies can help you keep rolling this summer.

Jun 01, 2022

Should the US Issue a Central Bank Digital Currency?

Whether the United States should issue a central bank digital currency poses numerous thorny questions. This Policy Hub article wades into the debate to define the problems surrounding a CBDC and offer some answers.

May 27, 2022

Atlanta Fed Research Considers CBDC Precursors

Although digital currencies are new, the notion of central banks introducing new types of currency goes back centuries. This Economy Matters article summarizes recent Atlanta Fed research into central banks' historical efforts to innovate currency.

May 26, 2022

Initiative Focuses on Economic Inclusion

The Southern Cities Economic Inclusion Initiative will explore ways to make cities more vital and prosperous for all residents, regardless of race, ethnicity, and geography. Partners Update discusses the initiative and the Atlanta Fed's role in it.

May 26, 2022

Rethinking of Supply Chains May Be At Hand

Over many years, the globally interconnected economy developed intricate—and, in hindsight, vulnerable—supply chains. This Economy Matters article looks at how some firms are revisiting their reliance on them.

May 25, 2022

Federal Open Market Committee Minutes Released

Read the minutes of this month's Federal Open Market Committee meeting.

May 25, 2022

Jobs Calculator Updated with April State Data

Our state-level Jobs Calculator has been updated with April data from the US Bureau of Labor Statistics.

May 25, 2022

Fed Listens Explores Nashville's Booming Economy

Nashville is much more than Music City these days, and Fed officials recently visited to hear firsthand about the city's economy. This Economy Matters article summarizes the latest "Fed Listens" event.

May 24, 2022

Monetary Policy amid Changing Labor Market Dynamics

"Inflation is too high and must be addressed," writes President Raphael Bostic in his latest Message from the President. Read the essay to learn how he is viewing monetary policy.

May 23, 2022

President Bostic Shares Insight on the Economy with Atlanta Rotary

Atlanta Fed president Raphael Bostic discusses the impact of inflation and economic conditions with members of the Atlanta Rotary Club.

May 23, 2022

Vulnerable Populations and the Case for Cash

A shrinking number of ATMs and banks, especially in rural areas, has made it harder for some people to get cash. This matters to those vulnerable households who rely on cash to buy their groceries and pay their bills. Read Take On Payments for the full story.

May 19, 2022

An Evaluation of GDP Nowcasts during the Pandemic

Arriving at an accurate forecast of changes in gross domestic product requires frequent calibration of the tools used to produce the forecast. A Policy Hub: Macroblog post discusses some recent adjustments to the Atlanta Fed’s GDPNow tool.

May 19, 2022

Commercial Real Estate: Certain Uncertainty - May 19, 2022

This webinar featured Brian Bailey, commercial real estate subject matter expert, who examined the challenges in understanding the future path of commercial real estate fundamentals and values in a rising-rate environment with greater uncertainty and high inflation.

May 16, 2022

New Director for Atlanta Fed's New Orleans Branch

William J. (Bill) Bynum was appointed to an unexpired term ending December 31, 2022, and to a three-year term from January 1, 2023 until December 31, 2025.

May 16, 2022

The Cost of "Free"

Financial institutions offer a lot of free products and services: checking accounts, debit cards, online banking services, and more. How can they do this? Read Take On Payments for a discussion of fees and free.

May 13, 2022

Faces of the Atlanta Fed: Marilyn Nieves, Head of the Miami Branch's Law Enforcement Unit

Marilyn Nieves leads the Miami Branch's law enforcement unit, and she is intent on increasing female representation within the unit's ranks. This Economy Matters article looks at Nieves and how she plans to achieve her goal.

May 11, 2022

Business Inflation Expectations Relatively Unchanged at 3.7 Percent - May 2022

Firms' inflation expectations for the coming year remained relatively unchanged at 3.7 percent. Sales levels and profit margins compared to "normal times" were also relatively unchanged over the month, according to the Atlanta Fed's latest Business Inflation Expectations survey.

May 11, 2022

myCPI Features February Data, Sticky-Price CPI Up 7.1 Percent in April

The Atlanta Fed’s myCPI tool has been updated with new data. Compare your personal consumer price index with the US average.

May 10, 2022

President Bostic Talks with Yahoo Finance on the Economy

Atlanta Fed President Raphael Bostic shares his outlook on inflation and financial conditions with Brian Cheung of Yahoo Finance during the Fed's Financial Markets Conference.

May 09, 2022

Atlanta Fed President Discusses Inflation and the Economy

President Raphael Bostic discusses rate insights and current economic conditions with Bloomberg's Michael McKee at this year's Financial Markets Conference.

May 09, 2022

Managing Liquidity and Settlement Risk the Fed Way

To keep the payments and settlement system flowing smoothly, the Fed has to manage some risks. Read Take On Payments to learn how the Fed's discount window helps.

May 09, 2022

Did Substance Abuse during the Pandemic Reduce Labor Force Participation?

During the COVID-19 pandemic, levels of substance abuse rose while labor force participation rates fell. This Policy Hub article examines the impact of heightened substance abuse on the US workforce.

May 07, 2022

Market Probability Tracker Updated

On Friday, the US Bureau of Labor Statistics released April's employment report. Find out how this affected the market's assessment of future rate moves at the Market Probability Tracker.

May 06, 2022

Pursue Your Own Dual Mandate

Atlanta Fed president and CEO Raphael Bostic spoke at the Georgia Tech master's commencement ceremony, where he gave the graduates three pieces of advice.

May 06, 2022

Labor Market Tracking Tools Updated with April Data

What do April employment data from the US Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Distributions Spider Chart, Labor Market Sliders, and Jobs Calculator to find out.

May 06, 2022

Labor Report First Look Updated

The Labor Report First Look for May offers an updated snapshot of current and historical employment data. We update the First Look's data with each release of the Employment Situation Summary from the US Bureau of Labor Statistics, which next occurs on June 3.

May 05, 2022

Proposed Updates to Community Reinvestment Act Published

The Federal Reserve has published proposed updates to the Community Reinvestment Act, and the Fed is requesting comments by August 5, 2022, from the public on the proposed changes.

May 05, 2022

All About Project Hamilton

What might a central bank digital currency look like? And how would it work? Talk About Payments features two senior leaders from Project Hamilton, a project studying the implications of a CBDC.

May 04, 2022

Federal Reserve Issues FOMC Statement

The Federal Open Market Committee announced its decision to raise the target range for the federal funds rate to 3/4 to 1 percent.

May 03, 2022

Labor Market Distributions Spider Chart Updated with March JOLTS Data

Monitor labor market progress with our Labor Market Distributions Spider Chart, now with March data on job openings, hires, layoffs, and quits (JOLTS).

May 02, 2022

Taking the Long View: A Visit with Retail Payments Risk Forum Founder Rich Oliver

The founder of our Retail Payments Risk Forum paid a visit to our team recently. Take On Payments shares some of the highlights.

May 02, 2022

Orientación Financiera del Fed de Atlanta: Popurrí de Finanzas Personales

¿Está buscando formas de involucrar a los jóvenes durante los próximos meses de verano? Los consejos financieros de la Reserva Federal de Atlanta brindan un popurrí de recursos.

May 02, 2022

Financial Tips from the Atlanta Fed: Personal Finance Potpourri

Looking for ways to engage youths during the upcoming summer months? The Atlanta Fed’s financial tips provide a potpourri of resources.

Apr 27, 2022

Survey of Business Uncertainty Released

Are changes in economic conditions affecting the outlook of businesses in your community? Find out what a national sample of firms thinks about the future with our Survey of Business Uncertainty.

Apr 27, 2022

Fed White Paper Explores Pros, Cons of Official Digital Money

A central bank digital currency is a topic of some debate. This Economy Matters article summarizes a recent white paper from the Federal Reserve examining what this currency might look like and asking for public input.

Apr 25, 2022

Leaders Discuss CBDC Research Project

The Boston Fed and MIT Digital Currency Initiative have kicked off a research project exploring technical design questions around central bank digital currency. Read Take On Payments to learn about an upcoming webinar featuring two senior leaders of Project Hamilton.

Apr 22, 2022

Apply for Community Advisory Council Membership

Do you work in the community development field? Apply to serve on the Community Advisory Council, which advises the Board on issues affecting consumers and communities. Learn more in Partners Update.

Apr 20, 2022

Atlanta Fed Prepares for 2022 Storm Season

To be prepared for any weather-related crisis, the Atlanta Fed maintains a business continuity plan.

Apr 20, 2022

Global Markets Affecting Southeast Energy Producers, Says Beige Book

Regional energy firms are finding that tempestuous events elsewhere in the world have an impact on business closer to home. This Economy Matters article discusses the Beige Book’s latest findings on conditions in the southeastern energy sector and others.

Apr 19, 2022

President Bostic Talks About Interest Rates and Economic Recovery

Atlanta Fed president Raphael Bostic discusses inflation and the effect of rate hikes on the economy with CNBC's Sara Eisen on Closing Bell.

Apr 18, 2022

Mortgage Analytics and Performance Dashboard Updated

We've updated the tool with December 2021 data. Track mortgage forbearance and delinquent mortgage rates for owner-occupant homeowners.

Apr 18, 2022

Jobs Calculator Updated with March State Data

Our state-level Jobs Calculator has been updated with March data from the US Bureau of Labor Statistics.

Apr 18, 2022

Atlanta Fed's First Quarter Benefits CLIFF Tool Partnerships

In the first quarter of 2022, the Atlanta Fed has launched three partnerships with organizations using its benefits cliffs dashboard to help low-income families trying to improve their economic status.

Apr 18, 2022

Smishing: Phishing with a Different Bait

Anytime you use yourself—a sample of one—as proof of a trend, you are probably wrong. Read Take On Payments to learn more while also getting the facts on recent smishing trends.

Apr 13, 2022

Business Inflation Expectations Unchanged at 3.8 Percent - April 2022

Firms' inflation expectations for the coming year remained unchanged at 3.8 percent. Sales levels and profit margins compared to "normal times" were also relatively unchanged over the month, according to the Atlanta Fed's latest Business Inflation Expectations survey.

Apr 13, 2022

Market Probability Tracker Updated

On Tuesday, the US Bureau of Labor Statistics released March's Consumer Price Index. Find out how this affected the market's assessment of future rate moves at the Market Probability Tracker.

Apr 12, 2022

Underlying Inflation Dashboard Updated

We've updated our Underlying Inflation Dashboard with data from the US Bureau of Labor Statistics, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland.

Apr 12, 2022

Call for Applications: Atlanta Fed Early-Career Visitor Program

The Atlanta Fed has several short-term visiting positions available for junior and midcareer researchers (those across all fields of economics and finance who have earned their PhD in the last 10 years) during September–December 2022.

Apr 11, 2022

Chever, Gunn Assume New Appointments in REIN

Reggie Chever has been named vice president and Atlanta-based regional executive and Becky Gunn, vice president and Atlanta-based regional executive since 2018, will keep her title and assume new responsibilities for the Atlanta Fed's Regional Economic Information Network.

Apr 11, 2022

Defending ATMs from Jackpotting

In this follow-up post, Take On Payments offers some defensive tactics that can help deter criminals from installing the malware that lets them "jackpot" an ATM.

Apr 07, 2022

What Is Inclusive Full Employment?

Atlanta Fed president Raphael Bostic and Chicago Fed president Charles Evans share their perspectives on inclusive employment and its implications for monetary policy during a fireside chat at the Chicago Fed Economic Mobility Project's inaugural virtual event.

Apr 07, 2022

Who Benefited Most from the CARES Act Unemployment Insurance Provisions?

During the pandemic, the government enhanced unemployment benefits and made them easier to obtain, benefiting many people. But who were the greatest beneficiaries of those enhanced benefits? This Policy Hub article explores which workers felt the greatest impact from temporary changes to unemployment insurance.

Apr 06, 2022

Wage Growth Tracker Inches Up

The Atlanta Fed's Wage Growth Tracker was 6.0 percent in March, up from 5.8 percent in February. For people identified as having changed jobs, the Tracker in March was 7.1 percent, up from 6.6 percent in February. For those not changing jobs the Tracker was essentially unchanged at 5.3 percent, versus 5.4 percent in February.

Apr 06, 2022

Federal Open Market Committee Minutes Released

Read the minutes of last month’s Federal Open Market Committee meeting.

Apr 04, 2022

"The Pandemic Really Accelerated Trends": A Conversation about Banking

Southeastern bankers have been attempting to return to a new normalcy after a couple of eventful years. This episode of the Economy Matters podcast features a talk with Doris Quiros, head of the Atlanta Fed's Supervision, Regulation, and Credit Division. podcast

Apr 04, 2022

The Fed Goes to School

The Retail Payments Risk Forum is not alone in its mission of educating. The economic outreach groups of the Atlanta Fed and the Federal Reserve System offer many programs focused on improving financial literacy. Read Take On Payments to learn about some of them.

Apr 01, 2022

Labor Market Tracking Tools Updated with March Data

What do March employment data from the US Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Distributions Spider Chart, Labor Market Sliders, and Jobs Calculator to find out.

Apr 01, 2022

Labor Report First Look Updated

The Labor Report First Look for April offers an updated snapshot of current and historical employment data. We update the First Look's data with each release of the Employment Situation Summary from the US Bureau of Labor Statistics, which next occurs on May 6.

Apr 01, 2022

Orientación Financiera del Fed de Atlanta: Mes de la educación financiera

Únase a Financial Tips para observar la designación de abril como el Mes de la educación financiera con una mirada retrospectiva a los aspectos más destacados de cuatro años de nuestro enfoque en las finanzas personales, desde abrir una cuenta bancaria y administrar el crédito hasta comprar una casa y evitar las estafas financieras.

Apr 01, 2022

Financial Tips from the Atlanta Fed: Financial Literacy Month

In observance of April's designation as Financial Literacy Month, Financial Tips presents highlights from four years of our focus on personal finance.

Mar 31, 2022

Atlanta Fed Supervision Head Discusses Banks and the 2022 Environment

Doris Quiros of the Atlanta Fed's Supervision, Regulation, and Credit Division discusses banking conditions and supervisory updates in the new "ViewPoint."

Mar 31, 2022

Regional Banking Conditions Discussed in "ViewPoint"

The first quarter 2022 edition of Economy Matters' "ViewPoint," from the Atlanta Fed's Supervision, Regulation, and Credit Division, takes a look at national and southeastern banking conditions, including earnings performance, asset quality, and more.

Mar 31, 2022

Ask Us Anything: Skill Development and the Growth of Green Jobs - March 31, 2022

This Ask Us Anything webinar discusses how the green economy includes roles throughout the economy at large, including the energy industry and companies with products that are substitutes for high-emission products.

Mar 30, 2022

Survey of Business Uncertainty Released

Are changes in economic conditions affecting the outlook of businesses in your community? Find out what a national sample of firms thinks about the future with our Survey of Business Uncertainty.

Mar 29, 2022

Economic Leadership from America's Founding to the Global Pandemic

Atlanta Fed president and CEO Raphael Bostic joined USC Price Professor Dr. David Sloane to delve into the role of the Federal Reserve and the state of the economy and labor market, as well his views on leadership—both his own, and the leadership of our country's economic future.

Mar 29, 2022

Labor Market Distributions Spider Chart Updated with February JOLTS Data

Monitor labor market progress with our Labor Market Distributions Spider Chart, now with February data on job openings, hires, layoffs, and quits (JOLTS).

Mar 28, 2022

Fed Listens: Community Listening Session in Nashville - April 11, 2022

Atlanta Fed Community and Economic Development staff members and guests discuss how career advancement is tied to household financial well-being. They also consider the systemic barriers that pose challenges to economic self-sufficiency.

Mar 28, 2022

Jobs Calculator Updated with February State Data

Our state-level Jobs Calculator has been updated with February data from the US Bureau of Labor Statistics.

Mar 28, 2022

Vice President for Supervision, Regulation, and Credit Named

Maria Smith, an assistant vice president since 2007, has been promoted to vice president of the Atlanta Fed's Supervision, Regulation, and Credit (SRC) Division.

Mar 28, 2022

Abigail Adams: "Remember the Ladies"

Abigail Adams was a trusted adviser to her husband who defied societal norms to break through financial equity, education, and inclusion barriers. Take On Payments remembers "Mrs. President."

Mar 22, 2022

The Impact of the Pandemic on US Businesses: New Results from the Annual Business Survey

Recent data show that the impact of the COVID-19 pandemic was not spread evenly across firms. New research in Policy Hub finds that minority-owned firms' expectations for business operations in 2022 were less optimistic than businesses not owned by minorities.

Mar 21, 2022

Monetary Policy amid Global Uncertainty

Atlanta Fed president Raphael Bostic is giving the opening keynote address at the 38th Annual NABE Economic Policy Conference on Monday, March 21.

Mar 21, 2022

ATM Jackpotting Attacks Getting Clever

A new type of ATM jackpotting seems to be taking hold. In 2020, the European Union saw a 44 percent jump in successful jackpotting attacks of this type even while other types of fraud dropped. Read Take On Payments for a discussion.

Mar 16, 2022

Federal Reserve Issues FOMC Statement

The Federal Open Market Committee said it will raise the target range for the fed funds rate to 1/4 to 1/2 percent.

Mar 16, 2022

Business Inflation Expectations Increase to 3.8 Percent - March 2022

Firms' inflation expectations for the coming year increased significantly to 3.8 percent. Sales levels and profit margins compared to "normal times" decreased over the month, according to the Atlanta Fed's latest Business Inflation Expectations survey.

Mar 14, 2022

Thumbs Up: Smartphone Apps versus Websites

How do you get to your bank account, on your smartphone or computer? Read Take On Payments to learn why websites have been slower to adopt biometrics and how that could be changing.

Mar 10, 2022

Wage Growth Tracker Was 5.8 Percent in February

The Atlanta Fed's Wage Growth Tracker was 5.8 percent in February, up from 5.1 percent in January.

Mar 10, 2022

Atlanta Fed Taylor Rule Utility Updated

The data have been updated and incorporate recent releases from the US Bureau of Labor Statistics as well as Cleveland and Atlanta Fed model nowcasts.

Mar 10, 2022

Underlying Inflation Dashboard Updated

We've updated our Underlying Inflation Dashboard with data from the US Bureau of Labor Statistics, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland.

Mar 10, 2022

myCPI Features January Data, Sticky-Price CPI Up 6.5 Percent in February

The Atlanta Fed’s myCPI tool has been updated with new data. Compare your personal consumer price index with the US average.

Mar 09, 2022

President Bostic Speaks with Atlanta Voice in Interview Series

Atlanta Fed president Raphael Bostic sat with Dawn Montgomery, chief brand officer of the Atlanta Voice, for a series of interviews. Bostic discusses the role he plays in shaping monetary policy and serving as the chair of the Metro Atlanta Chamber of Commerce.

Mar 09, 2022

Labor Market Distributions Spider Chart Updated with January JOLTS Data

Monitor labor market progress with our Labor Market Distributions Spider Chart, now with January data on job openings, hires, layoffs, and quits (JOLTS).

Mar 09, 2022

Wu-Xia Shadow Federal Funds Rate Updated

The Wu-Xia shadow federal funds rate stood at 0.21 percent on February 28. The rate is constructed with underlying input data for Gurkaynak, Sack, and Wright yield curve estimates.

Mar 07, 2022

Cash Is Critical in Times of Crisis

Seeing photos of long lines at ATMs in Ukraine reminds us that access to cash, whether due to a crisis or personal choice, is critical. Read Take On Payments for a discussion of the important role cash continues to play in an increasingly digital world.

Mar 04, 2022

Labor Market Tracking Tools Updated with February Data

What do February employment data from the US Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Distributions Spider Chart, Labor Market Sliders, and Jobs Calculator to find out.

Mar 04, 2022

Labor Report First Look Updated

The Labor Report First Look for March offers an updated snapshot of current and historical employment data. We update the First Look's data with each release of the Employment Situation Summary from the US Bureau of Labor Statistics, which next occurs on April 1.

Mar 03, 2022

A SWIFT Primer: Explaining the Network’s Role in Global Banking

The network known as SWIFT facilitates the global exchange of funds. This Economy Matters article looks at how exclusion from the network can greatly hamper banks, and even nations, from engaging in commerce.

Mar 03, 2022

Unstable Coins: The Early History of Central Bank Analog Currencies

Throughout history, the introduction of central bank currencies has been rife with unintended consequences, misfires, and lessons learned—sometimes painfully. This Policy Hub article examines what lessons from the past might be applied to central bank digital currencies.

Mar 02, 2022

Beige Book: Though Easing, Labor Shortages Persist

Employers are still struggling to hire enough workers, but their hiring difficulties have abated somewhat recently. This Economy Matters article discusses the Beige Book’s latest findings on regional economic conditions.

Mar 01, 2022

Assessing Recent Labor Market Improvement

Adjustments to population data can make assessing labor market behavior challenging. A new Policy Hub: Macroblog post discusses how to accommodate these adjustments to arrive at a more accurate picture of labor market performance over time.

Mar 01, 2022

Orientación Financiera del Fed de Atlanta: Tiempo de la declaración de impuestos

La temporada de impuestos está en pleno apogeo. Use estos consejos financieros para tomar medidas para estar preparado y evitar estafas relacionadas con los impuestos con las diversas herramientas y recursos disponibles para los contribuyentes.

Mar 01, 2022

Financial Tips from the Atlanta Fed: Tax Filing Time

Tax season is in full swing. Use these financial tips to take steps to be prepared and avoid tax-related scams with the various tools and resources available to taxpayers.

Feb 28, 2022

5G and 3DS: A Perfect Pair?

The reason for e-tail cart abandonment is often page load time, or lag, which can be caused by the extra data that 3DS requires for security. Read Take On Payments to learn how a 5G network will help that data move faster and hopefully reduce cart abandonment.

Feb 25, 2022

Underlying Inflation Dashboard Updated

We've updated our Underlying Inflation Dashboard with data from the US Bureau of Economic Analysis and the Federal Reserve Bank of Dallas.

Feb 25, 2022

Atlanta Fed Taylor Rule Utility Updated

The data have been updated and incorporate recent releases from the US Bureau of Economic Analysis as well as Cleveland and Atlanta Fed model nowcasts.

Feb 25, 2022

The Downward Spiral

There have been more than 500,000 opioid overdose deaths since 2000. The authors of this working paper develop a framework to study the opioid epidemic and find that drops in the price of both medical prescriptions and illicit opioids combined with increases in prescribed dosages are the primary drivers.

Feb 24, 2022

Will Wage Growth Alone Get Workers Back Into the Labor Market? Not Likely.

Wage growth alone is not likely to increase labor force participation to prepandemic levels. New research in Policy Hub finds that not only are younger workers redefining what they want from their work environment, they are less responsive to wage incentives than previous generations.

Feb 22, 2022

Black History Month: Banks and Currency

Representation on currency and coin can be an important reflection of financial inclusion and diversity. Take On Payments explores the history of currency and banks specific to the Black community.

Feb 17, 2022

Constraints to an Inclusive Recovery: Highlights from an Atlanta Fed Report

Our Community and Economic Development team continues to monitor how COVID-19 is affecting both communities and organizations that serve low- and moderate-income households and communities of color in the Southeast. Explore the group’s recent findings on this topic in Partners Update.

Feb 16, 2022

Business Inflation Expectations Increase to 3.6 Percent - February 2022

Firms' year-ahead inflation expectations increased significantly to 3.6 percent, on average. Sales levels remain unchanged and profit margins decreased compared to "normal times," according to the Atlanta Fed's latest Business Inflation Expectations survey.

Feb 16, 2022

Federal Open Market Committee Minutes Released

The minutes of last month’s Federal Open Market Committee meeting have been released.

Feb 14, 2022

Market Probability Tracker Updated

On Thursday, the US Bureau of Labor Statistics released January's Consumer Price Index. Find out how this affected the market's assessment of future rate moves at the Market Probability Tracker.

Feb 14, 2022

Contactless Card Pay More Than Doubled in 2020, but from Small Base

Take On Payments notes, however, that the number and value of transactions remain small percentages of 2020's overall totals.

Feb 10, 2022

Atlanta Fed Taylor Rule Utility Updated

The data have been updated and incorporate recent releases from the US Bureau of Labor Statistics as well as Cleveland and Atlanta Fed model nowcasts.

Feb 10, 2022

Underlying Inflation Dashboard Updated

We've updated our Underlying Inflation Dashboard with data from the US Bureau of Labor Statistics, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland.

Feb 10, 2022

Wage Growth Tracker Was 5.1 Percent in January

The Atlanta Fed's Wage Growth Tracker was 5.1 percent in January, up from 4.5 percent in December and the highest reading since 2001. The Tracker for people switching jobs was 5.8 percent in January, up from 5.3 percent in December.

Feb 10, 2022

myCPI Features December Data, Sticky-Price CPI Up 4.2 Percent in January

The Atlanta Fed’s myCPI tool has been updated with new data. Compare your personal consumer price index with the US average.

Feb 09, 2022

President Bostic Talks About Inflation and Interest Rates

Atlanta Fed president Raphael Bostic discusses inflation and interest rates with Steve Liesman of CNBC.

Feb 09, 2022

Rabbit or Duck? Economists, Epidemiologists Learn to Collaborate on Pandemic Policy

When different researchers view the same situation in different ways, policy recommendations can be muddled. This Economy Matters article looks at an interdisciplinary effort to bridge the gap between economists and epidemiologists.

Feb 08, 2022

Wu-Xia Shadow Federal Funds Rate Updated

The Wu-Xia shadow federal funds rate stood at -0.20 percent on January 31. The rate is constructed with underlying input data for Gurkaynak, Sack, and Wright yield curve estimates.

Feb 08, 2022

New Members Announced for the Atlanta Fed's Community Depository Institutions Advisory Council

Three new Community Depository Institutions Advisory Council (CDIAC) members have been named to serve three-year terms.

Feb 07, 2022

Has COVID Changed Consumer Payment Behavior?

By fall 2020, compared with their behavior in 2019, consumers had shifted some of their purchases from in person to online. Read the latest Research Data Report that uses data from the Survey of Consumer Payment Choice to look at how the COVID-19 pandemic affected how people spend their money.

Feb 07, 2022

Market Probability Tracker Updated

On Friday, the US Bureau of Labor Statistics released January's employment report. Find out how this affected the market's assessment of future rate moves at the Market Probability Tracker.

Feb 07, 2022

Data Privacy Legislation: Stuck on Pause?

Almost three years ago, Take On Payments asked whether a federal privacy law would be passed. Despite numerous attempts by sponsors from both political parties, there still isn't one.

Feb 04, 2022

Labor Market Tracking Tools Updated with January Data

What do January employment data from the US Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Distributions Spider Chart, Labor Market Sliders, and Jobs Calculator to find out.

Feb 04, 2022

Labor Report First Look Updated

The Labor Report First Look for February offers an updated snapshot of current and historical employment data. We update the First Look's data with each release of the Employment Situation Summary from the US Bureau of Labor Statistics, which next occurs on March 4.

Feb 03, 2022

Rounded Wage Data and the Wage Growth Tracker

Recently announced changes to wage data will affect the Atlanta Fed's Wage Growth Tracker. A new Policy Hub: Macroblog post discusses these changes and how we're adapting the tracker to accommodate them.

Feb 02, 2022

Does Access to Free Pre-Kindergarten Increase Maternal Labor Supply?

Exploring the impact of free pre-K programs on maternal participation in the labor force, the authors of this working paper find that the availability of free pre-K programs increases the labor force participation rate of mothers with one child age 3 or 4 by an average of 2.3 percentage points.

Feb 01, 2022

Observe and Adapt: Appropriate Monetary Policy in the Face of Inflation

For more than 30 years, inflation has not been a serious concern for most Americans, but COVID-19 changed that. Read the latest Message from the President to understand how Atlanta Fed president Raphael Bostic is approaching monetary policy.

Feb 01, 2022

Labor Market Distributions Spider Chart Updated with December JOLTS Data

Monitor labor market progress with our Labor Market Distributions Spider Chart, now with December data on job openings, hires, layoffs, and quits (JOLTS).

Feb 01, 2022

Orientación Financiera del Fed de Atlanta: Elegir un método de pago Seguro

¿Cuál es su método de pago preferido? Como muchas personas, es probable que utilice una combinación de pagos en papel, plástico y digitales. Explore estos consejos para evaluar qué métodos de pago funcionan mejor para usted.

Feb 01, 2022

Financial Tips from the Atlanta Fed: Choosing a Secure Payment Method

What is your go-to payment method? Like many people, you likely use a combination of paper, plastic, and digital payments. Browse these tips to evaluate which payment methods work best for you.

Jan 31, 2022

Atlanta Fed President Interviews with Yahoo Finance

Atlanta Fed president Raphael Bostic shared his views on inflation and how the US central bank may respond in an interview with Yahoo Finance.

Jan 31, 2022

Fintech Entry, Firm Financial Inclusion, and Macroeconomic Dynamics in Emerging Economies

Examining the impact of fintech on emerging economies, the authors of this working paper find that unless greater fintech entry leads to lower borrowing costs for firms that adopt fintech credit, an expanding number of fintech intermediaries will have no meaningful consequences on credit markets and business cycles in emerging economies.

Jan 31, 2022

Quarterly Payments Data for 2020 Reflect Pandemic's Early Impact

Did you order groceries online for the first time in the spring of 2020? Order in instead of eating out? Read Take On Payments for highlights of a report on 2019 and 2020 findings from the Federal Reserve Payments Study.

Jan 28, 2022

Underlying Inflation Dashboard Updated

We've updated our Underlying Inflation Dashboard with data from the US Bureau of Economic Analysis and the Federal Reserve Bank of Dallas.

Jan 28, 2022

Atlanta Fed Taylor Rule Utility Updated

The data have been extended through this quarter and incorporate recent releases from the US Bureau of Economic Analysis as well as Cleveland and Atlanta Fed model nowcasts.

Jan 26, 2022

Federal Reserve Issues FOMC Statement

The Federal Open Market Committee said it will maintain the target range for the fed funds rate at 0 to 1/4 percent.

Jan 26, 2022

Survey of Business Uncertainty Released

Are changes in economic conditions affecting the outlook of businesses in your community? Find out what a national sample of firms thinks about the future with our Survey of Business Uncertainty.

Jan 25, 2022

Jobs Calculator Updated with December State Data

Our state-level Jobs Calculator has been updated with December data from the US Bureau of Labor Statistics.

Jan 24, 2022

The Role of Cryptocurrency and Cryptoinsurance in Ransomware Payments

The growing threat and costs of ransomware attacks have led the Treasury Department to take steps to control the use of cryptocurrencies and insurance companies to offer policies. Read Take On Payments for a discussion.

Jan 20, 2022

Forty Years Later, a Daughter Recalls Her Father's Heroism

Four decades ago, Arland Williams, an Atlanta Fed bank examiner, died helping save others' lives after a plane crash. Economy Matters profiles his daughter, Leslie, and looks at how the Bank is honoring Arland's legacy of heroism.

Jan 17, 2022

Federal Reserve Payments Study Finds Effects of the Pandemic in US Payments

In 2020, for the first time in the history of the annual Fed payments study, the number of card payments declined. Read Take On Payments for more findings from the study.

Jan 14, 2022

Atlanta Fed Honors 2021 President's Award Recipients

Atlanta Fed president Raphael Bostic presented the President's Award to four exceptional employees in a virtual ceremony on January 10, 2022.

Jan 13, 2022

Wage Growth Tracker Was 4.5 Percent in December

The Atlanta Fed's Wage Growth Tracker was 4.5 percent in December, up from 4.3 percent in November and the highest reading since 2002. The Tracker for people switching jobs was 5.3 percent in December, up from 5.2 percent in November.

Jan 13, 2022

Racial Disparities in Mortgage Lending: New Evidence Based on Processing Time

Examining racial disparities in mortgage processing time prior to the global financial crisis, the authors of this working paper find that Black borrowers are underrepresented and experience a longer processing time than White borrowers among the mortgages securitized by government-sponsored enterprises.

Jan 13, 2022

"Affordability Has Been Declining": A Discussion of Housing Affordability

Several discrete factors have combined to make housing less affordable on a nationwide basis. The conversation in this episode of the Economy Matters podcast analyzes those factors and their varied effects on the affordability of US housing markets. podcast

Jan 12, 2022

Childcare Affordability Affects Labor Market and Family Choices

Challenges parents face in paying for childcare can alter the way they interact with the labor market. The pandemic hasn’t helped. Read a new brief from the Federal Reserve’s Early Care and Education Work Group.

Jan 12, 2022

Beige Book: Early Signs Show Omicron Not Hurting Southeast Economy

Southeastern business owners report that overall, the omicron variant isn’t setting back the regional economy. This Economy Matters article discusses the Beige Book’s latest findings on regional economic conditions.

Jan 12, 2022

Underlying Inflation Dashboard Updated

We've updated our Underlying Inflation Dashboard with data from the US Bureau of Labor Statistics, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland.

Jan 12, 2022

Atlanta Fed Taylor Rule Utility Updated

The data have been updated and incorporate recent releases from the US Bureau of Labor Statistics as well as Cleveland and Atlanta Fed model nowcasts.

Jan 12, 2022

myCPI Features November Data, Sticky-Price CPI Up 4.2 Percent in December

We've updated our myCPI tool with new data. Compare your personal consumer price index with the US average.

Jan 12, 2022

Business Inflation Expectations Unchanged at 3.4 Percent - January 2022

Firms' inflation expectations for the coming year were relatively unchanged at 3.4 percent. Sales levels and profit margins compared to "normal times" also remain the same, according to the Atlanta Fed's latest Business Inflation Expectations survey.

Jan 12, 2022

Hybrid Working Arrangements: Who Decides?

Some teleworking is likely to remain part of the employment landscape. But who makes the call about how much remote work occurs? A Policy Hub: Macroblog post looks at recent survey data to see how such decisions get made.

Jan 10, 2022

What We'll Be Watching in 2022

The pandemic continues to have an outsized influence on payments (and much of the rest of our lives). What will happen during the coming year? Read Take On Payments to learn about the payments trends the Retail Payments Risk Forum will be watching.

Jan 07, 2022

New Member, Reappointments Announced for New Orleans Branch Board of Directors

John C. Driscoll has been appointed to the New Orleans Branch board of directors, and Katherine A. Crosby and David T. Darragh have been reappointed to the branch board.

Jan 07, 2022

Appointments Announced for Atlanta Fed's Nashville Branch Board of Directors

Amanda W. Hite and Marshall Earl Crawford Jr. have been reappointed to the board of directors of the Atlanta Fed's Nashville Branch.

Jan 07, 2022

New Appointments Announced for Atlanta Fed's Miami Branch Board of Directors

The board of directors of the Atlanta Fed's Miami Branch has new members, both of whom will serve three-year terms as board members.

Jan 07, 2022

New Members Announced for Atlanta Fed's Jacksonville Branch Board of Directors

Lisa Palmer, Brian Wolfburg, and Monesia T. Brown have been appointed to the Jacksonville Branch board of directors, and Timothy P. Cost has been reappointed to the branch board.

Jan 07, 2022

New Member Announced for Atlanta Fed's Birmingham Branch Board of Directors

Michelle Lewis has been appointed as a member of the Birmingham Branch board of directors, serving a three-year term that began January 1, 2022.

Jan 07, 2022

Chair, Deputy Chair of Atlanta Fed's Board of Directors Designated

Elizabeth A. Smith has been designated as the 2022 chair of the Atlanta Fed’s board of directors, and Claire Lewis Arnold has been designated as its 2022 deputy chair.

Jan 07, 2022

Labor Market Tracking Tools Updated with December Data

What do December employment data from the US Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Distributions Spider Chart, Labor Market Sliders, and Jobs Calculator to find out.

Jan 07, 2022

Labor Report First Look Updated

The Labor Report First Look for January offers an updated snapshot of current and historical employment data. We update the First Look's data with each release of the Employment Situation Summary from the US Bureau of Labor Statistics, which next occurs on February 4.

Jan 05, 2022

Atlanta Fed Supervision Head Discusses Banks, Their Environment

Doris Quiros of the Atlanta Fed's Supervision, Regulation, and Credit Division discusses banking conditions and supervisory updates in the new "ViewPoint."

Jan 05, 2022

Southeastern Banks Continue Rebound from Pandemic

The fourth quarter 2021 edition of Economy Matters' "ViewPoint," from the Atlanta Fed's Supervision, Regulation, and Credit Division, takes a look at national and southeastern banking conditions, including earnings performance, asset quality, and more.

Jan 05, 2022

Wu-Xia Shadow Federal Funds Rate Updated

The Wu-Xia shadow federal funds rate stood at -1.15 percent on December 31. The rate is constructed with underlying input data for Gurkaynak, Sack, and Wright yield curve estimates.

Jan 05, 2022

Federal Open Market Committee Minutes Released

The minutes of last month’s Federal Open Market Committee meeting have been released.

Jan 04, 2022

Labor Market Distributions Spider Chart Updated with November JOLTS Data

Monitor labor market progress with our Labor Market Distributions Spider Chart, now with November data on job openings, hires, layoffs, and quits (JOLTS).

Jan 04, 2022

Orientación Financiera del Fed de Atlanta: Estirando tu dólar para alimentos

¿Pagando más en la tienda de comestibles? Descubra estrategias para estirar su dinero en alimentos mediante el desarrollo de un plan para comprar de manera más inteligente, reducir el desperdicio de alimentos y seguir eligiendo alimentos saludables.

Jan 04, 2022

Financial Tips from the Atlanta Fed: Stretching Your Food Dollar

Paying more at the grocery store? Discover ways to lower your food bill while still making healthy food choices.

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