The Minneapolis Fed's Regional Economic Indicator dashboard just got a makeover! Check out the new #inflation indicators and job market data from Ninth District states in the Upper Midwest:
minneapolisfed.org/region-and-com…
Even as businesses struggle to hire, many job seekers face obstacles that make it difficult to find work. A new article from @SoundsLikeToWin, Minneapolis Fed senior writer, explains: bit.ly/3M13Vs7
Why do couples keep building savings long into their 80s? How do bequests encourage us to save more for medical costs? Do we enjoy $$ less as we get older? @M_De_Nardi of @HellerHurwicz & @OIGInstitute untangles the essential economics of aging & health. bit.ly/3kzgTkH
What are workers saying about the #LaborMarket? Join Regional Outreach Director @ErickGarciaLuna on 5/12 for a Regional Economic Conditions webinar discussing how workers are experiencing the economy. To register: bit.ly/3vWWdK5
"The supply chain is a whack-a-mole. They put out one fire in this part of the world, and then something flares up somewhere else," says @MinneapolisFed President @neelkashkari. "This isn't going to be in 2022 when supply chains get sorted out. Hopefully it will be 2023."
"The biggest surprise for me is that there's still $2.5T of excess savings on household balance sheets and it's not being spent down yet," says @MinneapolisFed Pres. @neelkashkari "I would have expected more spending on these household balance sheets were being spent down."
“The companies that I talk to still say they are hopeful supply chains will get sorted out. It's taking a lot longer than I expected," says @MinneapolisFed President @neelkashkari. "The American people are paying prices that are much too high."
Being widowed is not just a huge emotional blow--it is a life-altering financial moment. @JeffHorwich explores the vital insights of @OIGInstitute consultant @M_De_Nardi, working to decipher the economic incentives that shape spending & saving as we age. bit.ly/3kzgTkH
Energy and Inflation: Drivers and Solutions
Join us for this virtual event, co-hosted with the @DallasFed, on 5/13 10am CT. Speakers will explain the factors influencing energy prices and illuminate ways to stabilize costs. For event info and to register: bit.ly/3KqD0EL
#Bankruptcy rates for Ninth District households and businesses are the lowest they've been in decades. But why? Minneapolis Fed's @SoundsLikeToWin explains in a new article: bit.ly/387Q8RH
Reminder!! For community financial institutions working towards #CECL adoption in 2023, the @federalreserve developed SCALE method and tool to help smaller community banks make this transition. To find FAQs, instructions, and more visit: bit.ly/3B87zLQ
Using data from the Minneapolis Fed's Regional Economic Indicators dashboard, my new article provides a brief overview of labor market conditions in Minnesota over the last year
minneapolisfed.org/article/2022/m…
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)
TOMORROW! How are business conditions in the Ninth District's #construction sector, and what's the outlook for the summer season? Join Regional Outreach Director @RonWirtz for a webinar to discuss recent survey results. There is still time to register: bit.ly/3y8AQqP
Read about the interagency Community Reinvestment Act proposed rulemaking, including statements by Gov. Brainard, and Gov. Bowman: federalreserve.gov/consumerscommu…
Why do couples keep building savings long into their 80s? How do bequests encourage us to save more for medical costs? Do we enjoy $$ less as we get older? @M_De_Nardi of @HellerHurwicz & @OIGInstitute untangles the essential economics of aging & health. bit.ly/3kzgTkH
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)
How are business conditions in the Ninth District's #construction sector, and what's the outlook for the summer season? Join Regional Outreach Director @RonWirtz on 5/6 for a webinar to discuss recent survey results. To register: bit.ly/3y8AQqP
The Chicago Fed is searching for its next president and CEO. What does a Reserve Bank president do? Learn more, with a little help from @MinneapolisFed: bit.ly/3yaylE7
Being widowed is not just a huge emotional blow--it is a life-altering financial moment. @JeffHorwich explores the vital insights of @OIGInstitute consultant @M_De_Nardi, working to decipher the economic incentives that shape spending & saving as we age. bit.ly/3kzgTkH
TOMORROW!
Rent Stabilization: Understanding Rental-Market Impacts of Rent Stabilization Policy Choices
This is the 2nd of a 4-part webinar series from @MplsFedComDev addressing policies on rent regulation & tenant stability. To register: bit.ly/3vf8p8P
"Asian Pacific American Heritage Month is important to me because it is so important to recognize the vast breadth of AAPI stories, struggles, strengths, and success."
In recognition of #APAHM, we are highlighting members of our ASCEND (Asians Cultivating Excellence, Nurturing Diversity) employee resource network.
Meet Shawn Carriere. Shawn, an executive assistant, has been with the Bank for nine months.
How are business conditions in the Ninth District's #construction sector, and what's the outlook for the summer season? Join Regional Outreach Director @RonWirtz on 5/6 for a webinar to discuss recent survey results. To register: bit.ly/3y8AQqP
Energy and Inflation: Drivers and Solutions
Join us for this virtual event, co-hosted with the @DallasFed, on 5/13 10am CT. Speakers will explain the factors influencing energy prices and illuminate ways to stabilize costs. For event info and to register: bit.ly/3KqD0EL
Minneapolis Fed research shows nearly 77% of White households in MN own their own home & only 25% of Black Minnesotans own their own home. Lack of access to banking & financial coaching contribute to these disparities. MN's first Black-owned bank hopes to help address this. twitter.com/TCBmag/status/…
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)
Rent Stabilization: Understanding Rental-Market Impacts of Rent Stabilization Policy Choices
This is the 2nd of a 4-part webinar series from @MplsFedComDev addressing policies on rent regulation & tenant stability. This event is on 5/4. For more info: bit.ly/3vf8p8P
While the Federal Reserve has made no decisions on whether to pursue or implement a central bank digital currency (CBDC), we have been exploring the potential benefits and risks of CBDCs from a variety of angles, including through technological research and experimentation. (2/3)