The Federal Reserve Bank of Atlanta is one of the 12 regional banks of the Federal Reserve System. It has developed two widely used economic tools: the GDPNow and the Wage Growth Tracker. It also reviews price inflation and economic growth; regulates the banks, bank holding companies, and sa...
But this is the very first time that Powell has talked like this, and the truth is that the Atlanta Fed’s GDPNow model is currently forecasting that U.S. growth in the first quarter will be less than half a percent. Fed officials are hoping that growth will be better in the second ...
Real GDP rose solidly, on balance, over the first half of the year. Real private domestic final purchases (PDFP)—which comprises PCE and private fixed investment and which often provides a better signal than GDP of underlying economic momentum—posted a stronger first-half increa...
nominal demand growth (often nominal GDP, but in the case of the US Private Consumption Expenditure growth), exchange rate developments and finally the key policy rate (the Fed funds target rate in the US).
While all of the Fed monetary tools remained fully engaged between the 11th and the 14th, it was the check float which caused the most concern because it was so far outside the norm. The Federal Reserve Bank of Atlanta, which had just opened their new facility earlier in the year, manage...
If the Fed becomes convinced regulation alone is insufficient to prevent overheating in the bond market, rates could rise sooner than we expect. Andrew Flowers used to work for the Federal Reserve Bank of Atlanta, which is part of the Federal Reserve system....
total since the recession ended in mid-2009, and each of those came in the first quarter—2011, 2014 and 2015. The first two were followed by growth of 2.9 percent and 4.6 percent, respectively, and the second quarter of 2015 is tracking at 2.1 percent, according to the Atlanta Fed. ...
NEW YORK, Dec 29 (Reuters) - The Federal Reserve Bank of New York said on Friday it accepted $1.018 trillion at its overnight reverse repo facility, as inflows to the central bank liquidity facility surged on the final trading day of the year. Friday's inflows were expected to jump and...
the disaster loan program, which lends money to businesses, homeowners, and renters affected by natural disasters. SBA is seeking inspectors, loan specialists, call center workers, and CSRs. Temporary hurricane relief jobs are located nationwide, with many openings in Atlanta, Buffalo, and ...