Monetary Policy in a World of Conflicting Data
22 de julho de 2022
- Minato Consulting
July 14, 2022 Governor Christopher J. Waller At Rocky Mountain Economic Summit Global Interdependence Center, Victor, Idaho Thank you, Mike, and thank you to the Global Interdependence Center for the invitation to speak to you today.1 Let me start at the
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Monetary Policy, Inflation Outlook, and Recession Probabilities
13 de julho de 2022
- Minato Consulting
July 12, 2022 Monetary Policy, Inflation Outlook, and Recession Probabilities1 Andrea Ajello, Luca Benzoni, Makena Schwinn, Yannick Timmer, and Francisco Vazquez-Grande Introduction An inverted yield curve—defined as an episode in which long-maturity Treasury yields fall below their short-maturity counterparts—is a powerful near-term
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Sentiment and the Real Economy
28 de julho de 2022
- Minato Consulting
Sentiment and the Real Economy Thomas I. Barkin President, Federal Reserve Bank of Richmond New York Association for Business Economics New York, New York May 15, 2019 Good afternoon. Thank you very much for inviting me to speak with you
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Statement of the Federal Open Market Committee
27 de julho de 2022
- Minato Consulting
June 14–15, 2022 A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, June 14, 2022, at 11:00 a.m.
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Monetary Policy in a World of Conflicting Data
22 de julho de 2022
- Minato Consulting
July 14, 2022 Governor Christopher J. Waller At Rocky Mountain Economic Summit Global Interdependence Center, Victor, Idaho Thank you, Mike, and thank you to the Global Interdependence Center for the invitation to speak to you today.1 Let me start at the
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Monetary Policy, Inflation Outlook, and Recession Probabilities
13 de julho de 2022
- Minato Consulting
July 12, 2022 Monetary Policy, Inflation Outlook, and Recession Probabilities1 Andrea Ajello, Luca Benzoni, Makena Schwinn, Yannick Timmer, and Francisco Vazquez-Grande Introduction An inverted yield curve—defined as an episode in which long-maturity Treasury yields fall below their short-maturity counterparts—is a powerful near-term
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Minutes of the Federal Open Market Committee
6 de julho de 2022
- Minato Consulting
Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation has eased somewhat but remains elevated. Russia’s war against Ukraine is causing tremendous human
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Why Use a Diffusion Index?
22 de junho de 2022
- Minato Consulting
Diffusion indexes are a useful way to summarize economic information from surveys because they are easy to understand and correlate well with economic activity over time. To use diffusion indexes most effectively as a measure of change, however, it is
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Minutes of the 252th Meeting of the Monetary Policy Committee (Copom)
21 de junho de 2022
- Minato Consulting
Minutes of the 252nd Meeting of the Monetary Policy Committee (Copom) Banco Central do Brasil A) Update of economic outlook and Copom’s scenario1 1. The global environment continues to be marked by prospects of below-potential global growth for next year.
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The Recession Question
21 de junho de 2022
- Minato Consulting
June 21, 2022 Tom Barkin President, Federal Reserve Bank of Richmond Risk Management Association – RVA Chapter Triple Crossing Highlights: Inflation is too high. But the Fed has the tools to contain inflation over the medium-term, and we are committed
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The New York Fed DSGE Model Forecast—June 2022
20 de junho de 2022
- Minato Consulting
The New York Fed DSGE Model Forecast—June 2022 Marco Del Negro, Aidan Gleich, Shlok Goyal, Alissa Johnson, and Andrea Tambalotti This post presents an update of the economic forecasts generated by the Federal Reserve Bank of New York’s dynamic stochastic
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Lessons Learned on Normalizing Monetary Policy
18 de junho de 2022
- Minato Consulting
Governor Christopher J. Waller At “Monetary Policy at a Crossroads,” a panel discussion hosted by the Dallas Society for Computational Economics, Dallas, Texas Thank you, Meredith and Cullum and thank you to the Society for the invitation to speak to
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Untangling Persistent versus Transitory Shocks to Inflation
17 de junho de 2022
- Minato Consulting
Untangling Persistent versus Transitory Shocks to Inflation Kevin J. Lansing How much persistent versus transitory forces contribute to inflation influences the Federal Reserve’s ability to achieve its goal of 2% average inflation over time. If elevated inflation is driven mainly
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Unbanked in America: A Review of the Literature
17 de junho de 2022
- Minato Consulting
Introduction In 2019, 5.4 percent of US households were unbanked, meaning that no one in the household had a checking or savings account at a bank or credit union (FDIC 2020).1 The likelihood of being unbanked was even higher for some
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Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency
17 de junho de 2022
- Minato Consulting
Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency Vice Chair Lael Brainard Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. Chairwoman Waters, Ranking Member McHenry,
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Estimating Natural Rates of Unemployment
17 de junho de 2022
- Minato Consulting
Estimating Natural Rates of Unemployment Brandyn Bok and Nicolas Petrosky-Nadeau Before the pandemic, the U.S. unemployment rate reached a historic low that was close to estimates of its underlying longer-run value and the short-run level associated with an absence of
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Responding to High Inflation, with Some Thoughts on a Soft Landing
16 de junho de 2022
- Minato Consulting
Responding to High Inflation, with Some Thoughts on a Soft Landing Governor Christopher J. Waller At the Institute for Monetary and Financial Stability (IMFS) Distinguished Lecture, Goethe University Frankfurt, Germany Thank you, Professor Wieland, for the introduction, and thank you
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Statement on Longer-Run Goals and Monetary Policy Strategy – Adopted effective January 24, 2012; as reaffirmed effective January 26, 2021
1 de julho de 2020
- Minato Consulting
The Federal Open Market Committee (FOMC) is firmly committed to fulfilling its statutory mandate from the Congress of promoting maximum employment, stable prices, and moderate long-term interest rates. The Committee seeks to explain its monetary policy decisions to the public
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Semiannual Monetary Policy Report to the Congress
23 de junho de 2020
- Minato Consulting
June 22, 2022 Semiannual Monetary Policy Report to the Congress Chair Jerome H. Powell Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C. Chairman Brown, Ranking Member Toomey, and other members of the Committee, I appreciate
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Olhando o Futuro
10 de junho de 2020
- Minato Consulting
COM O “NOVO NORMAL”, PRECISAMOS DE UM BRASIL ADOLESCENTE! O que você enxerga olhando para o futuro ? A chegada do COVID-19 representou e ainda representa um desafio global com relação à forma como os governos, as empresas e os
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Nem Verde Nem Vermelho
20 de maio de 2020
- Minato Consulting
Nem Bolsonaro nem Lula! Em 24 horas, vimos ambos os extremos da manifestação democrática dos últimos 20 (vinte) anos mais preocupados com o poder, satirizando e ironizando a pandemia para defender seus respectivos pontos de venda, ops, vista, passando por
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From comprehensive deal to full-scale rupture
29 de janeiro de 2020
- Minato Consulting
On 31 January, the UK will cease to be a member of the European Union. What happens next? There are 25,000 UK civil servants working on Brexit. This compares with a total of 32,500 EU civil servants handling all aspects
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