Recently added articles from FRBSF Economic Letter:
Disagreement about the inflation outlook.
Oct 05, 2009; Leduc, Sylvain ... Disagreement among economic forecasters about the future path of inflation has risen substantially since the start of the recession. The nature of this disagreement varies with the forecast time horizon, with some forecasters expecting much lower short-run inflation and others anticipating ...
Gauging aggregate credit market conditions.
Oct 19, 2009; Lopez, Jose A. ... The Federal Reserve and other central banks have responded to the current financial crisis by taking a range of aggressive policy actions aimed at reviving credit markets. In particular, the Fed has pushed the federal funds rate, its key policy instrument, to historically low levels ....
Recent developments in mortgage finance.
Oct 26, 2009; Krainer, John ... As the U.S. housing market has moved from boom in the middle of the decade to bust over the past two years, the sources of mortgage funding have changed dramatically. The government-sponsored enterprises--Fannie Mae, Freddie Mac, and Ginnie Mae--now own or guarantee an overwhelming share ...
