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The Stimulative Effect of Redistribution

Posted June 29, 2015

Redistributing income to stimulate the economy is based on the idea that poor households spend a larger share of their income than rich ones do. However, the difference in spending may be smaller than commonly assumed. Whether policy is efficient compared with capital markets in redistributing income is another question to consider.

Data Is the New Black: Monetary Policy by the Numbers

Data Is the New Black: Monetary Policy by the Numbers

Posted June 19, 2015

Presentation to NBER East Asia Seminar on Economics
San Francisco, California


FedViews: June 11, 2015

Posted June 19, 2015

Fernanda Nechio, senior economist at the Federal Reserve Bank of San Francisco, states her views on the current economy and the outlook.

FOMC Statement

Posted June 17, 2015

Federal Reserve issues FOMC statement

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