In the wide-ranging conversation, President Daly discussed the major factors shaping the U.S. economy, how the Federal ...

Economic activity in the Twelfth District edged down slightly during the mid-August to September reporting period. Employment levels were little changed on net as most employers held head counts ...

Labor market conditions are similar in regions that are near each other. This is called positive spatial correlation. Analyzing county-level data from 1990 to 2024 shows that commuting flows may ...

Motivated by behavioral evidence, we develop a tractable method for incorporating competition neglect in a general equilibrium firm investment problem. Competition neglect causes firms to ...

Generative artificial intelligence (AI) has rapidly emerged as a potentially important workplace technology. In an earlier blog post, we discussed results from the first nationally representative U.S.

We examined the performance of four families of large language models (LLMs) and a variety of common fuzzy matching algorithms in assessing the similarity of names and addresses in a sanctions ...

“For me, relaxing the policy rate to make sure it continues to be modestly restrictive — but not so restrictive that it unnecessarily disrupts the labor market — would be the path of policy. We have ...

The primary function of the Formations + Transactions Unit is to act upon and make recommendations on applications and notifications filed by state member banks, bank and financial holding companies, ...