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Why the New York Fed asks ordinary folks where inflation is headed

Aug 12, 2024
Consumers' price expectations influence how they save and spend their money, potentially creating self-fulfilling prophecies.
Even though consumers don't make scientific predictions, there's value in understanding their expectations of the economy.
Spencer Platt/Getty Images

Lenders, borrowers remain cool on home equity credit

May 12, 2015
That type of borrowing helped fuel the housing crisis.

Why the New York Fed is in the hot seat

Nov 19, 2014
Legislators call for more oversight after recordings appear to show N.Y. fed cozying up to institutions it is supposed to regulate.