Economic Trends
Filling you in on the current state of the economy.
Featured Article
- Monetary Policy and the FOMC’s Economic Projections
- The Federal Reserve has further increased its transparency over the last couple of years. The inclusion of interest rate projections allows a rare opportunity to see whether a simple “guide post” might accurately describe participants’ views on appropriate policy. Monetary policy is frequently discussed in terms of guideposts, and often these are presented in the form of Taylor-type rules. Read more