Latest Items by Federal Reserve Bank of New York

• Evolving Market Structure and the Desk’s Role
  Chung, Lisa
• The Post‑COVID Decline in the Labor Share
  Guerin, Miles & Narayanan, Srinidhi & Schuh, Rachel & Audoly, Richard
• Synthetic Stablecoins and Financial Stability
  Azar, Pablo D. & Garofano, Jeff
• Regulatory Arbitrage Within the Firm
  Cetorelli, Nicola & Kundu, Shohini
• The Unintended Effects of Interest Rate Caps: Credit Reallocation to Safer Borrowers
  Morgan, Donald P. & Pham, Thu & Seltzer, Lee & Leonard, Gabriel & Chakrabarti, Rajashri
• The Unintended Effects of Interest Rate Caps: Credit Rationing for Risky Borrowers
  Morgan, Donald P. & Pham, Thu & Seltzer, Lee & Chakrabarti, Rajashri & Leonard, Gabriel
• Struggling Regional Small Businesses Deeply Pessimistic About 2026 Prospects
  Sarkar, Asani & Aarons, Will
• Remote Work Leaves Younger Workers Sidelined
  Pallais, Amanda & Harrington, Emma & Emanuel, Natalia
• Productivity Growth and the Challenge of Real-Time Policymaking
  Williams, John C.
• The Regional Side of the Story: K‑Shaped Pattern in Region, Wider Gap in Gas Spending
  Pinkovskiy, Maxim L. & Pham, Thu & Chakrabarti, Rajashri & Pierce, Beckett
• Food Insecurity and Consumer Pessimism
  Van der Klaauw, Wilbert & Mehta, Ishva & Kosar, Gizem
• The U.S. Economy: National Economic Outlook
  Athreya, Kartik B.
• Assessing the Current State of Wage Inflation
  Almuzara, Martín & Audoly, Richard & Melcangi, Davide
• AI’s Macroeconomic Challenges and Promises
  Lenzu, Simone
• Reserve Management and the Fed’s System Open Market Account: Recent Experience and Insights from Surveys
  Perli, Roberto
• The Global Credit Cycle in Corporate Bond Returns
  Elias, Leonardo & Boyarchenko, Nina
• Honey, Who Shrunk the U.S. Income Surplus?
  Higgins, Matthew & Klitgaard, Thomas
• Micro and Macro Cost-Price Dynamics in Normal Times and During Inflation Surges
  Lenzu, Simone & Tielens, Joris & Gagliardone, Luca & Gertler, Mark
• Do Job Postings Show Early Labor‑Market Effects of AI?
  Guerin, Miles & Audoly, Richard & Topa, Giorgio
• Federal Student Loan Defaults Return After Pandemic Pause
  Scally, Joelle & Van der Klaauw, Wilbert & Jacob, Zara & Lee, Donghoon & Mangrum, Daniel
• Will Mounting Supply Chain Strains Hamstring the AI Investment Boom?
  Turney, Shad & Clark, Hunter L. & Dawson, Jeffrey B.
• Stress and Strain from NBFIs to Banks
  Acharya, Viral V. & Cetorelli, Nicola & Tuckman, Bruce
• Opening Remarks at The 2026 Federal Reserve Financial and Monetary History Conference
  Athreya, Kartik B.
• There Is No Try
  Williams, John C.
• Bayesian Persuasion and Cryptography
  Azar, Pablo D.
• Same Shock, Different Roads? A K‑Shaped Pattern at the Pump
  Pham, Thu & Pinkovskiy, Maxim L. & Chakrabarti, Rajashri & Pierce, Beckett
• In What Ways Has U.S. Trade with China Changed?
  Simitian, Greg & Clark, Hunter L.
• Explaining the K‑Shaped Economy: What’s Behind the Divide?
  Pierce, Beckett & Pham, Thu & Chakrabarti, Rajashri & Pinkovskiy, Maxim L.
• Tracking the K‑Shaped Economy: Who’s Driving Spending?
  Pinkovskiy, Maxim L. & Pham, Thu & Chakrabarti, Rajashri & Pierce, Beckett
• A Market in Motion: Looking Back on Three Decades in Foreign Exchange
  Nordstrom, Anna