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Author:Fagan, Doreen 

Digital Payments: The Ins and Outs of Money Transfers

Money transfers using digital wallets (or mobile wallets, when using smartphones) are booming. What ins and outs should consumers know?
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Why the Fed Pays Interest on Banks' Reserves

Do you have a savings account that earns interest? That's similar to how the Federal Reserve acts as the "bankers' bank," an important function.
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Understanding Potential GDP and the Output Gap

The output gap is the difference between an economy's actual output and its potential output. Monetary policymakers use the output gap to help inform their policy decisions.
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Where Does Gen Z Go for Financial Info?

Learn where digital native Gen Zers turn for financial guidance, and check out some trusted personal finance resources from the St. Louis Fed.
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Most Popular Blog Posts of 2022

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Different Measures of Unemployment: Is There Just One Number to Watch?

There are different ways to track labor underutilization. The unemployment rate (U-3) is the most common, though it doesn't include discouraged or underemployed workers.
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Economic Data Tracking Trends and New Tools

Members of the FRED team spotlight the online data source's sought-after series and new resources to help people understand the COVID-19 economic impact.
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Real-Life Examples of Opportunity Cost

How do we define opportunity cost? It's the 'value of the next-best alternative when a decision is made; it's what is given up,' explains senior economic education specialist Andrea Caceres-Santamaria.
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What Is GDP, and Why Is It Important?

Why does GDP matter? GDP helps gauge our economy's size and health. The formula includes personal consumption expenditures, gross private investment, government purchases and net exports.
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