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The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...
For over a year now, the Fed has been steadily shrinking its balance sheet to help cool the economy. ... The Fed’s balance sheet is currently at around $7.9 trillion, down from its peak of $9 ...
Year-on-year inflation bottomed at 5% in December 1976 before moving higher once again. Paul Volcker was chosen as Fed Chairman in 1979 in order to deal with the challenge of high inflation. In a rare Saturday press conference on October 6, 1979, [ 6 ] Paul Volcker 's federal reserve increased the Fed Funds rate from 11% to 12%. [ 7 ]
Fed officials have been normalizing, or shrinking, its balance sheet to help cool inflation since June 2022, though experts say it’s unlikely to ever return to pre-pandemic or even pre-financial ...
The Fed's securities holdings topped out at $9 trillion in 2022 — the year it decided to pivot and act aggressively to tamp down rising inflation. Since QT began roughly two years ago, the Fed ...
The annual percent change in the US Consumer Price Index for All Urban Consumers is one of the most common metrics for price inflation in the United States. The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used ...
Headline inflation accelerated as expected in December, while core inflation, which strips out more volatile food and energy prices, rose 3.2% year over year, according to the Bureau of Labor ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation peaking at 2.5% next year, higher than September's projection of ...