Ron Mau is a senior business economist at the Federal Reserve Bank of Dallas.| www.dallasfed.org
Tyler Atkinson is a senior business economist in the Research Department of the Federal Reserve Bank of Dallas.| www.dallasfed.org
Analysis and insights to enhance your understanding of the economy.| www.dallasfed.org
As part of the nation's central bank, the Dallas Fed plays an important role in monetary policy, bank supervision and regulation, and the operation of a nationwide payments system.| www.dallasfed.org
As part of the nation's central bank, the Dallas Fed plays an important role in monetary policy, bank supervision and regulation, and the operation of a nationwide payments system.| www.dallasfed.org
The U.S. economy boasts robust growth and slowing inflation despite the highest interest rates in two decades. Such performance isn’t common globally, especially among other advanced economies, revealing crucial differences in the fundamental factors driving inflation and growth.| www.dallasfed.org
U.S. dollars are hard to find in foreign markets during times of heightened risk, as evidenced by two interesting and related features in the post-2007 international financial landscape.| www.dallasfed.org
Mexico's emergence followed fractious U.S. relations with China, which had moved past Canada to claim the top trading spot in 2014. The dynamic changed in 2018 when the U.S. imposed tariffs on China’s goods and with subsequent pandemic-era supply-chain disruptions that altered international trade and investment flows worldwide.| www.dallasfed.org
When it comes to trading goods with the United States, Mexico would appear a logical sourcing alternative to China. Before the pandemic, increasing friction between the U.S. and China—the top supplier of goods imports to the U.S. in 2019—contributed to an anticipated “nearshoring” shift among companies dependent on Asia.| www.dallasfed.org
Collection of articles and research on monetary policy| www.dallasfed.org
U.S. labor market conditions are among the main drivers of an unprecedented surge of immigration, the exact size and consequences of which are still being assessed.| www.dallasfed.org
As money demand changes, and in particular as money velocity fluctuates with interest rates, this relationship can become unstable with money growth providing limited useful information for inflation forecasting.| www.dallasfed.org
How should central banks supply liquidity in an evolving global financial system? Dallas Fed President Lorie Logan shared her framework for weighing the tradeoffs in a keynote address at the European Central Bank.| www.dallasfed.org