There’s evidence that supply chain issues are getting sorted. One example is in trucking, Atlanta Fed President and CEO @RaphaelBostic said in a @TwitterSpaces discussion about the economy and the central bank’s flight with inflation reut.rs/38c29Wx 1/4
During the COVID-19 pandemic, levels of substance abuse rose while labor force participation rates fell. This Policy Hub article examines the impact of heightened substance abuse on the US workforce. atlfed.org/3ytszxF
"I don't think we need to be moving even more aggressively."
Federal Reserve Bank of Atlanta President Raphael Bostic on his favored path of Fed policy to control inflation, financial market volatility, and outlook for the U.S. economy trib.al/Qa9QWG9
Atlanta Fed President Raphael Bostic said he favors policy makers continuing to raise rates by half-point increments rather than doing anything larger trib.al/et8yRJG
Welcome to day one of #FedFMC 2022, our signature policy and research event.
Watch Roger W. Ferguson of @CFR_org deliver tonight’s keynote speech. Live now: youtu.be/rr8rkh7bm4I
The @federalreserve has published proposed updates to the Community Reinvestment Act, and the Fed is requesting comments from the public on the proposed changes. #CRAatlfed.org/38aYaJF
Bostic’s third nugget of advice: realize they are now mentors as well as mentees. They have the responsibility to bring others along and share their knowledge, and to think about how to advance their field. 7/8
Bostic also urges them to fully embrace the journey they’re embarking on and to be open to all opportunities, big and small, awkward and unexpected. 6/8
The second mandate is how Bostic measures whether someone is successful. He advises the students to use their positions not just for transactional purposes but also to do good in the world. 5/8
Bostic challenges the students to focus on their own dual mandate: be the best in the work they choose to do, and make other people’s lives better. 4/8
Bostic tells the graduating @GeorgiaTech master’s students that when he was a professor his favorite time on campus was graduation day—the only day of the year when everyone is happy. No homework, no tests or grades, no office hours. 2/8
5/19, 1-2 p.m. (ET) Commercial Real Estate: Certain Uncertainty
Brian Bailey examines the challenges in understanding the future of commercial real estate fundamentals in a rising-rate environment with greater uncertainty and high inflation.
Details: atlfed.org/39to4Zt
5/18, 10 a.m. (ET) Risks and Rewards of Real-Time Payments: The Brazilian Experience
The @AtlantaFed and the Brazilian-American Chamber of Commerce of the SE will explore lessons from Brazil's experience with implementing real-time payments.
Registration:atlfed.org/3MRVsYu
5/8-5/11, FMC 2022 - A New Era of Financial Innovation and Disruption: Challenges and Opportunities
The Financial Markets Conference brings together leading experts to discuss financial market issues and their monetary policy implications.
Livestream: atlfed.org/3w6spJZ
5/6, 4 p.m. (ET) Georgia Tech Master’s Ceremony Commencement Speech
Atlanta Fed president @RaphaelBostic delivers the commencement speech for @GeorgiaTech's Master’s Ceremony at historic Grant Field.
Livestream: atlfed.org/3yaXiiZ
While the Federal Reserve has made no decisions on whether to pursue or implement a central bank digital currency, or CBDC, we have been exploring the potential benefits and risks of CBDCs from a variety of angles, including through technological research & experimentation. (2/3)
ON MONDAY: @RaphaelBostic joins @Reuters during the Atlanta Fed's annual Financial Markets Conference. Set a reminder for the conversation here 👉reut.rs/3KKDQw1Z6
For the week ending April 30, there was a 3.0% decrease in new state unemployment claims (not seasonally adjusted). See our #Unemployment Claims Monitor. atlfed.org/34T0Vhk
May 4: We’ve updated our Taylor Rule Utility data to incorporate the FOMC's recent change in the fed funds rate target range in addition to updated nowcasts from the @ClevelandFed and @AtlantaFed: atlfed.org/3gH0CbU.
Rich Oliver, the founder of our Retail Payments Risk Forum, paid a visit to our team recently. Take On Payments shares some of the highlights. atlfed.org/3MOE8nb
It’s day 2 of the #SmallBusinessWeek virtual summit! 👏👏
During today's information sessions, learn about email marketing, tech best practices, how to grow your business through international trade, and much more.
➡️ View the schedule and registersba.gov/nsbwJfG
Community-based organizations seeking funding, bankers looking for CRA-eligible programs—will they make an investment connection? Find out in our latest story. bit.ly/3q7teQm
The Atlanta Fed remains vigilant and focused on procedures that allow us to maintain essential financial services—such as bank supervision and discount window lending or cash, check, and ACH processing—in any adverse situation. Learn more: atlfed.org/3F6QQuC
A central bank digital currency is a topic of some debate. This Economy Matters article summarizes a recent white paper from the Federal Reserve examining what this currency might look like and asking for public input. atlfed.org/38wgXyT
#FedFMC session preview: the Fed’s balance sheet is in excess of 30 percent of GDP. This panel will discuss how balance sheet policy and principles could have implications for both monetary policy and financial markets. atlfed.org/fmc
#FedFMC session preview: Virtually every institution is at some risk of a cyberattack. Financial institutions are especially high-value targets. Find out live on 5/10 what regulators and central banks are doing to protect against this threat. atlfed.org/fmc
#FedFMC session preview: Investment managers face increasing pressure to apply environmental, social, and corporate governance (ESG) standards. This panel will consider the issues around performance, risk, and more for ESG standards. atlfed.org/fmc