An excerpt from a Federal Reserve conference series about race and the economy focused on diversifying the profession itself.

The personal consumer expenditures price index is one of the Fed’s favorite tools for tracking inflation.

Soaring asset prices, as in the stock market, and risky bets by financial firms could be vulnerabilities.

Chair Jerome Powell says the Fed is committed to its goals of 2% inflation and full employment.

A Federal Reserve report found consumers are mostly saving the payment. When more Americans are vaccinated, they might spend more.

More than ever, economists are turning to alternative forms of data to help them understand the economy in real time.

“That money is essentially spoken for,” Susana Mendoza says of the $7.5 billion coming to the state from the American Rescue Plan.

Fed watcher Karen Petrou believes so, and she says the Fed can fight inequality with targeted policies.

In her Senate confirmation hearing Tuesday, Yellen is calling on Congress to do more to fight a deep pandemic-induced recession.

The headline items are $600 checks to individuals and an additional $300 per week in unemployment benefits for many.