August 31, 2021
Michael L. Tindall and Michael A. Perez
The Treasury auction surprise indicator suggests that, despite a sharply negative reading in March 2020, Treasury auction outcomes have normalized.
August 26, 2021
W. Scott Frame, Brian Greene, Cindy Hull and Joshua Zorsky
We explore the Federal Reserve’s purchases of agency MBS—mortgage bonds guaranteed by Ginnie Mae, Fannie Mae and Freddie Mac—and related market dynamics during the pandemic, including why mortgage rates fell to historic lows.
August 24, 2021
Xiaoqing Zhou and Jim Dolmas
The inflation rates of rent and owners’ equivalent rent (OER)—the amount of rent equivalent to the cost of ownership—have declined sharply since the COVID-19 pandemic began in February 2020. However, we expect rent inflation and OER inflation to accelerate in the years to come.
August 17, 2021
Garrett Golding
With little investment taking place in new thermal generation, does the design of Texas’ electricity market provide enough incentive to develop capacity for future power needs?
August 10, 2021
J. Scott Davis
Many emerging markets have improved their external balance sheets since the volatility evidenced during the "taper tantrum" of 2013 and would be much less vulnerable to Federal Reserve tapering today.
August 5, 2021
Carlee Crocker and Yichen Su
There has been strong upward pressure on prices and wages, though there were some signs of abatement in July. The hot housing market continued to push up apartment rents, housing prices and construction.
August 3, 2021
Enrique Martínez-García, María Teresa Martínez-García, Jarod Coulter and Valerie Grossman
The Eleventh Federal Reserve District has the second-largest native Spanish-language population in the Federal Reserve System. That population will grow further as the number of Hispanics exceeds 20 million in Texas alone by 2050.
July 27, 2021
Mark A. Wynne
Burns and Dallas Fed President Rob Kaplan discussed her career, the importance of coaches and mentors, the case for quotas and advice for the next generation of female leaders.
July 20, 2021
Mark A. Wynne
Price and Dallas Fed President Rob Kaplan discussed her political career, the challenges she faced in office and the need for bipartisanship to get government business done.
July 13, 2021
Enrique Martínez-García, María Teresa Martínez-García, Jarod Coulter and Valerie Grossman
The Spanish-only-speaking population in the U.S. faces many challenges that include overcoming often lesser income prospects compared with monolingual English speakers.