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Independence, Accountability, and the Federal Reserve System
Wolla, Scott A.
(2020-05-01)
When Congress created the Federal Reserve System (our central bank), it made it both independent and accountable. The May 2020 issue of Page One Economics describes the necessary balance between these objectives—and why independence matters for sound policymaking.
Page One Economics Newsletter
Newsletter
myRA: A New Way To Save for Retirement
Smithers, Shannon R.
(2016-01)
"It is never too early to start saving for your retirement." You've certainly heard this advice before. Is it good advice? Sure it is. Is it easy to follow? Maybe not. Many of us have more immediate expenses that get our attention and money before we think about retirement. Routine payments to buy a house, pay for college, or buy a car may make saving for retirement less of a priority or something you believe you can do later. Then there are those who barely make ends meet, who may also believe that saving for retirement is out of the realm of possibility.
Page One Economics Newsletter
Newsletter
Open for Business: Understanding the Fed's Discount Window
Geiger, Amanda
(2025-03-03)
Explore what the discount window is, how depository institutions access it, and how it helps the Federal Reserve conduct monetary policy.
Page One Economics Newsletter
Newsletter
Coping With COVID: Crises, Young People's Housing Choices, and Preparing in Uncertainty
Bertelsen, Kris
(2021-02-01)
Many of even the most prepared young people could not have anticipated the effects of the COVID-19 pandemic. Learn about some of the pandemic's economic impacts on young people and their families and some information and tips for financial planning in the February 2021 Page One Economics: Focus on Finance.
Page One Economics Newsletter
Newsletter
The Inflation Rate Is Falling, but Prices Are Not
Peate, Mary Clare
(2024-03)
Inflation is likely a topic your students are familiar with, but there is still a lot of confusion around the concept. This brief article explains the seeming paradox we see in our economy: The inflation rate is decreasing, but prices continue to increase. We’ll also disentangle the concepts of inflation, disinflation, deflation, and the CPI.
Page One Economics Newsletter
Newsletter
Beyond the Hype: An Introduction to Crypto Assets
Cruz, Megan
(2022-10)
Crypto assets have increasingly occupied news headlines and the minds of many consumers. While initially introduced as a payment system, crypto assets are seen by many as an enticing investment opportunity. This issue of Page One Economics® introduces crypto assets, blockchain technology, and the emerging crypto universe.
Page One Economics Newsletter
Newsletter
How Does the Gig Economy Support Entrepreneurship?
Wolla, Scott A.
(2024-04)
Entrepreneurs take risks to develop new products and start new businesses. In the early phases of starting a business, when an entrepreneur’s income is sometimes lacking or unstable, the gig economy offers opportunities to supplement and smooth income. This Page One Economics® essay discusses this relationship, including some interesting research on the topic.
Page One Economics Newsletter
Newsletter
How Do Imports Affect GDP?
Wolla, Scott A.
(2018-09)
Gross domestic product (GDP) is the total market value, expressed in dollars, of all final goods and services produced in an economy in a given year. When compared with previous periods, GDP tells whether an economy is producing more output (expanding) or less output (contracting). As such, it is a useful measure of the health of the economy and among the most important and widely reported economic data. A variety of people, from business owners to policymakers, consider GDP when making decisions. Additionally, international trade is measured as part of GDP and is a large and growing ...
Page One Economics Newsletter
Newsletter
AI and the Future of Work: Opportunity or Threat?
Wolla, Scott A.
(2024-12-02)
This article describes how AI works and how it could impact industries, create new opportunities, and transform job tasks across skill levels.
Page One Economics Newsletter
Newsletter
Data Geographies with FRED
Mendez-Carbajo, Diego
(2023-06)
FRED can display data in choropleth maps, using shading and colors to convey historical and current data for a given area. This Page One Economics Data Primer describes the different data geographies available in FRED, which help shape the stories behind the numbers.
Page One Economics Newsletter
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