April 1, 2021
The most cited unemployment rate does not capture the full extent of weakness in the labor market — and this is a bigger issue in recessions.
December 15, 2020
The Fed's new framework for inflation and employment imply letting the economy run "hot" in ways that could benefit low-income and minority communities.
October 13, 2020
Automatic stabilizers are spending or tax policies that cushion downturns and taper off as the economy improves. They respond rapidly and continue while needed.
October 28, 2019
During economic downturns the social safety net can help families meet basic needs while providing a fiscal stimulus to the economy.
September 17, 2019
The Fed does not have much room to stimulate the economy with traditional tools if the economy were to slip into recession. A negative rate would give it more ammunition.