The upward redistribution of income caused by growing inequality is taking a significant and growing toll on Social Security’s financial outlook.
The Employment Situation Summary demonstrates how having a clear picture of the labor market guides good fiscal and monetary policy. For example, women face different labor market conditions than men.
The Fed raised interest rates in December, but tax cut plans are pushing the Fed to slow the economy down even as the labor market continues to find room to grow.
Policymakers will resign the U.S. economy to slower growth if they use tighter monetary policy as a substitute for available regulatory tools to achieve financial stability.
As economists learn more about how monetary policy works, it has become increasingly important to understand the role of banks.
Researchers and policymakers have dug deeper into how monetary policy works over the past generation. Here are some of the major insights.
Getting up to speed on how monetary policy affects the economy is not hard, and it is important to understand where economists are and how they got here.
The Fed left rates unchanged in November, but the risk of a premature end-of-the-year rate hike is increasing.
The Fed left rates unchanged in October, but the risk of a premature end-of-the-year rate hike is increasing.
This report explains how to modernize labor law to raise wages, increase collaboration, and boost productivity.
The Fed kept rates steady in September, but the risk of a premature rate hike is increasing.
Latest data bring great news: The median U.S. household saw its income rise by 5.2 percent in 2015.
To achieve economic security, middle-class Americans need policies that promote good jobs; a growing, inclusive economy; and affordable child care, higher education, health care, housing, and retirement.
Declining middle-class economic security is a policy choice. Here is a policy agenda for rebuilding it.
Policymakers trying to reverse the productivity slowdown should focus on policies that raise wages and restore full employment.