Richmond Fed
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If you plan to join us in person on May 12 for "Addressing the Wealth Gap," remember to secure your spot today before registration closes. (This event is free and open to the public.) bit.ly/38hKpZJ
Ahead of Thursday's #DistrictDialogues, Regional Executive Renee Haltom shares three factors that contribute to the Black-White wealth gap. Watch this video to learn more. youtu.be/MOiksw6cUdw
Here are highlights from the latest National Economic Indicators.
To view additional #data on #GDP, #inflation, #employment, #investment and more, visit: bit.ly/3sKPZLx
The second presenter of the day for #EconCOREWeek is Jane Li (bit.ly/3MeiMQl), who recently joined the faculty at @Columbia_Biz. She will discuss the paper, "Borrowing from a Fintech Platform." #EconTwitter
Retweeted by Richmond Fed 
Francisco Buera of @WUSTL kicks off #EconCOREWeek at the Richmond Fed by presenting, "Fiscal Paradoxes in a Liquidity Trap." (Bio here: bit.ly/37wo7TU) #EconTwitter
Retweeted by Richmond Fed Our fourth Collaboration of Research Economists (CORE) Week is currently underway! Take a look to see what we have planned for this #EconCOREWeek. bit.ly/3wivfvc
"Because collaboration is essential to economics, we need our colleagues to question our logic, challenge our assumptions, and push us to see things we didn't see before." - Kartik Athreya, Director of Research
#EconCOREWeek
#ICYMI | Senior Policy Economist @urvibee and May 12 #DistrictDialogues panelist @KEBroady of the @ChicagoFed recently joined our #SpeakingoftheEconomy podcast to discuss their research on the wealth and income gaps. bit.ly/3vR9a6Q
"I wanted to pursue an opportunity that was service oriented and aligned with my career interests," shares Rucheer, a current student @NCState. "As an Economics major, applying for a position at the Federal Reserve was a no-brainer." #RichmondFedInterns
#Hiring | Do you have strong interpersonal and problem solving skills? Join our Employee Experience team as an HR Support Specialist and work with recruiters on background screenings, compliance analysis and reporting. Learn more & #apply: bit.ly/3LRTB5C
Housing and transportation represent the two largest living expenses in most households, but local investment can address households’ travel needs. Read more in our latest #RegionalMatters: bit.ly/3P0E0mb
Our #FedVolunteers are springing into service! A group from our Corporate Communications team assisted the @JRAvirginia by removing invasive species, such as English ivy, from the Reedy Creek area. In total, they saved 36 trees!
In partnership with @GoodwillSP, @AtlantaFed and @ncbudgetandtax, we're working on finding solutions to mitigate the impact of the benefits cliff on workers and their families in Mecklenburg County, NC. Learn more: bit.ly/3kIe6pq
In this episode of #SpeakingoftheEconomy, we dive into the Fed's role in the payments system, from cash and check processing to supporting innovations in electronic payments. bit.ly/3w5xAKd
During our recent #InvestRuralUSA conference, a panel of #ECE experts shared insights on how access to #childcare during the COVID-19 pandemic has impacted parents' #labor force participation. Watch to hear more. bit.ly/3v3AQ9n
Based on a poll in Dec. of 2021, "Nearly 70 percent of Virginia households experienced a change or reduction in employment due to the pandemic, and that 86 percent would return to the workforce if they could access childcare" – Kathy Glazer of the VA Early Childhood Foundation
#Hiring | We're looking for a #TechnicalWriter to author, edit & review product documentation. You’ll work with internal resources, interview other technical teams & attend engineering meetings to gather, write & publish technical information. #Apply here: bit.ly/3MMw9qK
Here are highlights from the latest National Economic Indicators.
To view additional #data on #GDP, #inflation, #employment, #investment and more, visit: bit.ly/3KDGWSD
In one week, visiting economists from a range of disciplines will join our economists for seminars, conferences, networking & collaboration—all with an eye toward advancing economic research. Learn more about what we have planned for #EconCOREWeek. bit.ly/3KvOYNe
Join me, John-Paul Julien of @McKinsey, @kirkpepm of Virginia Community Capital, & Renee Haltom of the @RichmondFed Thurs, May 12 from 7:00 – 8:30 p.m for the @RichmondFed #DistrictDialogues forum: Addressing the #WealthGap. #EconTwitter
Registration: richmondfed.org/conferences_an…
Retweeted by Richmond Fed Research Associate Brandon Fuller unpacks how economists at the #RichmondFed are attempting to better isolate and identify the effects of contributors to the wealth gap.
Learn more in this #EconFocus article. #DistrictDialogues bit.ly/3F1Q6XR
In this issue of the 5E Navigator we direct you to your credit report & provide a road map for resolving credit report errors. We also explain the economics underlying credit reports & how they help credit markets function more effectively.bit.ly/3EYNolT
Our latest #RegionalMatters article explores the role of manufacturing in the Fifth District. See how trends have changed over the years, including how the industry has impacted employment. bit.ly/3vSUR1E
"Interning at the Federal Reserve is a once in a lifetime experience where I will work alongside attorneys and gain firsthand knowledge about the U.S. financial system," shares Najah, a current student at @URLawSchool. #RichmondFedInterns
We'll dive deeper into the conversation at our next #DistrictDialogues event. Register to join us on May 12 for "Addressing the Wealth Gap," where our panel of experts will discuss black-white wealth disparities & their consequences for the economy. richmondfed.org/conferences_an…
Senior Policy Economist @urvibee & @KEBroady of the @ChicagoFed explore differences in wealth between races, potential causes behind these differences & potential solutions to closing wealth gaps. Listen to #SpeakingoftheEconomy to hear more. speakingoftheeconomy.libsyn.com/addressing-the…
#Hiring | Are you passionate about creating innovate, holistic customer experiences, working with people of all backgrounds in a fast pace agile environment? Join our National IT team as a Content Strategist! Learn more and #apply: bit.ly/38ucIEj
The @federalreserve issued a discussion paper examining pros, cons of a U.S. CBDC. As part of this process, we are seeking feedback on a range of CBDC-related topics. The Federal Reserve is committed to hearing a wide range of voices on these topics.
federalreserve.gov/publications/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 and experimentation.
Why is the Federal Reserve considering a central bank digital currency (#CBDC) now?
For more:
- federalreserve.gov/cbdc-faqs.htm
- federalreserve.gov/central-bank-d…
Fifth District manufacturing activity continued its expansion in April, according to today's #ManuSurvey.
The composite index stood at 14 in April compared to 13 in March. Shipments increased, while the volume of new orders moved down slightly. bit.ly/3vgQ9LZ
During his recent visit to Edenton, NC, President Tom Barkin spoke with Chris Day of the @dailyadvance about strengths in the economy. Read more here: bit.ly/3vNM2X1
Members of GreenFed and GROW, an employee resource network group, teamed up for our latest service activity benefitting the @JRAvirginia. Over 30 #FedVolunteers ventured out to Brown's Island, where they helped clean up around the waterways.
Leading up to #DistrictDialogues: Addressing the Wealth Gap, we'll provide multiple opportunities to hear from and engage with Richmond Fed leaders on the topic of Black-White wealth disparities.
Here's what you can expect this week:
Registration for the May 12 event is open now and free to all. #DistrictDialogues is designed to be a conversation, so we hope you'll plan to join us in person for the opportunity to interact with our panelists and ask questions on this important topic. bit.ly/3JMUDOJ
During the "Investing in Early Care and Education" panel discussion, experts in #ECE shared insights into strategies & innovative partnerships that have empowered #rural communities to overcome common barriers to providing affordable & sustainable programs.bit.ly/3v3AQ9n
"As we see [children] grow up, they're going to be inheriting an economy that's going to take every single one of them being able to operate at their highest capacity. That becomes a public good that also comes out of that investment [in childcare]." – Jaime Laughter
Here are highlights from the latest National Economic Indicators.
To view additional #data on #GDP, #inflation, #employment, #investment and more, visit: bit.ly/3OAetA6
"I’m looking forward to learning and developing this summer while helping to strengthen our community and the economy."
Learn more about our internship program here: bit.ly/3rHyVWb
"I’m returning to the Richmond Fed’s internship program because I value the community-oriented mission and the positive culture of the Fed," shares Luka about why he's excited to intern with us again.
Millions of Americans face diminished earnings and employment prospects years after they have spent time in prison. Grey Gordon and @urvibee share their insights on this issue in this episode of #SpeakingoftheEconomy. #DistrictDialogues bit.ly/393GfVn
From homeowners to banks from banks to GSEs, our latest #EconomicBrief discusses how #climate risk may be getting shifted when it comes to home purchases. bit.ly/3LcNEjG
Today, we were honored to share the #ECSU experience with Tom Barkin, president and chief executive officer of the @RichmondFed.
Retweeted by Richmond Fed The day concluded with a visit to @ECSU, where Tom met with Chancellor Karrie Dixon, university leaders and students.
This morning President and CEO Tom Barkin and Regional Executive Matt Martin met with rural leaders from three counties: Hertford County, Washington County and Tyrrell Country.
We're wrapping day two of our Northeastern North Carolina #CommunityConversations.
We are enjoying having @RichmondFed President Tom Barkin and Matthew Martin in eastern NC! We are hoping they learn a lot about our diverse and #rural region. twitter.com/RichmondFed/st…
Retweeted by Richmond Fed Later in the day, President Barkin met with Jason Semple, Martin County economic development manager, and Susan Tyre, facility manager at the Bob Martin Eastern Agricultural Center in Martin County, NC. #CommunityConversations
The morning started with a business leaders meeting at the @NCEastAlliance office. #CommunityConversations
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