June 28, 2022
Tyler Atkinson and Victor Wei
It is likely that the latest rise in initial claims reflects difficulty adjusting the data for seasonal patterns in the wake of the COVID-19 pandemic, rather than a deterioration in underlying economic conditions.
June 23, 2022
Laila Assanie and Keighton Hines
Texas’ economic expansion remained solid in May, though the pace of growth decelerated. Employment gains continued to be robust. Manufacturing output growth accelerated, but revenue growth in services slowed.
June 21, 2022
Garrett Golding
If prices climb higher, expect consumers to respond by cutting back on fuel consumption and overall spending sooner than later.
May 31, 2022
J. Scott Davis, Ippei Fujiwara, Kevin X.D. Huang and Jiao Wang
The Russian central bank responded to unprecedented sanctions with strict capital controls that have stabilized the value of its currency—the ruble.
May 24, 2022
W. Scott Frame, Steven Manning and Joseph Tracy
The Federal Reserve responded to the onset of the COVID-19 pandemic with several liquidity facilities to ensure a continuing flow of credit to households and businesses. The TALF, which financed highly rated asset-backed securities, proved especially important to supporting commercial real estate finance.
May 17, 2022
Jarod Coulter and Enrique Martínez-García
The conflict may alter the global economic and geopolitical order, leading to a new era of deglobalization.
May 12, 2022
Anil Kumar and Juliette Coia
Texas employment growth eased in March, though it remained steady in the first quarter and exceeded U.S. job growth.
May 10, 2022
Garrett Golding and Lutz Kilian
While U.S. retail gasoline prices in many regions have remained stubbornly high since March, this situation reflects frictions in the retail gasoline market rather than the supply of oil or the price of oil.
April 19, 2022
Lutz Kilian, Michael D. Plante and Kunal Patel
Assuming that the group increases production at the same pace it has in recent months, only a handful of countries in OPEC+ will have spare capacity left by the start of the summer, a number that will dwindle as year-end approaches.
April 14, 2022
Jill Cetina, Matthew McCormick and Pon Sagnanert
While volatility in commodity markets is not unusual, rapid and correlated price increases across many different types of commodities at once is much rarer.