About: FEDS notes is an academic journal published by Board of Governors of the Federal Reserve System. The journal publishes majorly in the area(s): Computer science & Medicine. It has an ISSN identifier of 2380-7172. Over the lifetime, 73 publications have been published receiving 109 citations. The journal is also known as: Finance and economics discussion notes.
TL;DR: For example, the April 2022 edition of the International Monetary Fund's World Economic Outlook contains more than 200 mentions of the word "war" as discussed by the authors , with a sharp increase in uncertainty and risks of severe adverse outcomes.
Abstract: Global geopolitical risks have soared since Russia's invasion of Ukraine. Investors, market participants, and policymakers expect that the war will exert a drag on the global economy while pushing up inflation, with a sharp increase in uncertainty and risks of severe adverse outcomes. As an example of these concerns, the April 2022 edition of the International Monetary Fund's World Economic Outlook contains more than 200 mentions of the word "war."
TL;DR: In this article , the authors examine how fiscal support impacted the balance between supply and demand across countries during the COVID-19 crisis and examine the potential role of large fiscal spending as a driver of price increases.
Abstract: The recent surge in inflation in many countries around the world and the fiscal stimulus provided in the face of the COVID-19 pandemic has renewed interest in analyzing the potential role of large fiscal spending as a driver of price increases. In this note, we examine how fiscal support impacted the balance between supply and demand across countries during the COVID-19 crisis.
TL;DR: In this article , the authors assess the likelihood and characteristics of a soft landing by taking into account the situation in the labor market currently and the likely dynamics in the labour market going forward using modern labor market models centered around the Beveridge curve.
Abstract: Any assessment of the likelihood and characteristics of a soft landing should take into account the situation in the labor market currently and the likely dynamics in the labor market going forward. Modern labor market models centered around the Beveridge curve are a useful tool in this assessment.
TL;DR: The authors in this paper estimate that U.S. households accumulated about $2.3 trillion in savings in 2020 and through the summer of 2021, above and beyond what they would have saved if income and spending components had grown at recent, pre-pandemic trends.
Abstract: Over the pandemic, historic levels of government transfers boosted household income while household spending was severely curtailed by social distancing. This led the personal saving rate to soar (Figure 1), and we estimate that U.S. households accumulated about $2.3 trillion in savings in 2020 and through the summer of 2021, above and beyond what they would have saved if income and spending components had grown at recent, pre-pandemic trends.
TL;DR: The concept of central bank digital currency (CBDC) has gained traction in recent years, with an increasing number of central banks announcing efforts to explore CBDC use cases and designs as discussed by the authors .
Abstract: The concept of a central bank digital currency (CBDC) has gained traction in recent years, with an increasing number of central banks announcing efforts to explore CBDC use cases and designs. Institutions are in various stages of research and development, with some just beginning their research and others already entering pilot testing or even production, albeit on a limited scale.