The pandemic highlighted the important role early care and education (ECE) plays in the economy. To dig deeper into some of the key issues in this sector, the Federal Reserve is releasing a series of articles that discuss the cost, affordability, and racial equity issues related to high-quality ECE.
From the President
The Commonwealth Club of California
November 16, 2021
January 31, 2022
FROM THE BOARD OF GOVERNORS
The Federal Reserve adopted average inflation targeting as part of its long-run monetary strategy framework in 2020. Analysis shows a partly forward-looking version of average inflation targeting could have improved economic outcomes in the recovery from the financial crisis of 2008, as well as substantially reduced uncertainty around economic outcomes.
Community Development Research Briefs
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