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Minneapolis Fed @minneapolisfed.bsky.social · 56m

Research, insights, and event information. Sign up today for the Economic Research Newsletter and receive a quarterly email with the latest from our Research Division. https://bit.ly/4cYJw3C

Reposted by Minneapolis Fed

Opportunity & Inclusive Growth Institute @oiginstitute.bsky.social · 2h

Rapid rise. Quick recovery. Long-term unemployment did not stay high for long after the COVID recession. But the baseline to which the labor market returned is itself the product of substantial long-run changes. From Abigail Wozniak & Andrew Goodman-Bacon in new For All: https://bit.ly/42DHhk3

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Minneapolis Fed @minneapolisfed.bsky.social · 22h

"Trade wars are likely to lower the natural rate of interest by lowering global demand for capital. All else equal, monetary policy would need to track the lower natural rate to maintain full employment." More from @neilmehrotra.bsky.social & Michael Waugh in latest QR. https://bit.ly/42gsD1I

Tariffs, Trade Wars, and the Natural Rate of Interest, Neil Mehrotra, Michael E. Waugh, QR Quarterly Review

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Minneapolis Fed @minneapolisfed.bsky.social · 23h

What are the major trends determining the course of overall #inflation? @jeffhorwich.bsky.social looks at durable goods, market-based services, and housing and utilities next to their recent historical performance. The results show why this is a challenging moment for policymakers. #EconSky

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Minneapolis Fed @minneapolisfed.bsky.social · 1d

Based on surveys, you might think the typical entrepreneur has traded earnings for perks like being your own boss. But new analysis of tax records by our consultants Anmol Bhandari & Ellen McGrattan + co-authors finds higher average earnings--albeit w/ risk. https://bit.ly/4gxpdxv

Tax data reveal rewards and risks of self-employment NEW research brief

Reposted by Minneapolis Fed

Opportunity & Inclusive Growth Institute @oiginstitute.bsky.social · 1d

In a recent research feature, @jeffhorwich.bsky.social looks at an Institute working paper that offers one contributor to the widening gender pay gap: Unlike fathers, new mothers tend to move to lower-paying firms after their child’s birth.
bit.ly/4mONNvK

The Washington Post @washingtonpost.com · 3d

After decades of progress on closing the pay gap between men and women, it’s now widening. For the first time since the 1960s, the earnings gap between men and women has widened two years in a row, according to recent data from the Census Bureau.

Women are taking pay cuts as companies mandate return to office

Researchers are identifying several key factors behind why gender pay gap – which had narrowed steadily over the years – has suddenly widened.

wapo.st

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Minneapolis Fed @minneapolisfed.bsky.social · 2d

Join the thousands of for-profit small businesses that take the annual Small Business Credit Survey and help the #FederalReserve obtain vital info on the current business climate: https://bit.ly/3IBovTz

Respond now! Small business credit survey

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Minneapolis Fed @minneapolisfed.bsky.social · 2d

Hundreds of Minnesota iron miner are still out of work because of low steel demand from the auto industry. But, over the long term, other trends are keeping employment down, according to Tu-Uyen Tran.

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Minneapolis Fed @minneapolisfed.bsky.social · 2d

Thanks to Joe M. for this week's employee photo submission for our Views from the Ninth photo series! Joe's photo is of the Marquette Maritime Museum and Harbor Lighthouse in Marquette, Michigan. The lighthouse, built in 1866, stands as the city's oldest prominent structure.

A photo of the Marquette Maritime Museum and Harbor Lighthouse at night.

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Minneapolis Fed @minneapolisfed.bsky.social · 3d

The Ninth District has experienced significant interest from large-scale data center developers, but many projects are still in the planning stage. Read more about these developments in the latest article by Haley Chinander: https://bit.ly/3VVxUsc

Massive data centers lay roots in the Ninth District | Federal Reserve Bank of Minneapolis

Large-scale data center developers show interest in the district, but projects are still in the planning stage

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Minneapolis Fed @minneapolisfed.bsky.social · 4d

Private data like Harvard Business School Pricing Lab is now as important as ever. @jeffhorwich.bsky.social talked with Harvard's Alberto Cavallo about their findings on tariffs and how to interpret them. https://bit.ly/42zz4NM

Daily pricing data reveal the slow-rolling impact of tariffs | Federal Reserve Bank of Minneapolis

Prices are rising for U.S. consumers even as cautious retailers eat much of the tariffs for now

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Minneapolis Fed @minneapolisfed.bsky.social · 5d

Economists discussing the essential topic of the Fed's operating framework use the terms "corridor" & "floor" like they're at a real estate open house. What are they talking about? It's some pretty wonky stuff--which is where @jeffhorwich.bsky.social
comes in with another episode of FedFluent.

Minneapolis Fed @minneapolisfed.bsky.social · 5d

Our new analysis of American Housing Survey data finds that real costs of housing for #homeowners with mortgages grew by 1.6% from 2021 to 2023. While average mortgage costs were largely flat, housing costs grew 14.1% for recent movers. Read more: https://bit.ly/3IgMDe8

Homeowner expenses outpaced inflation from 2021 through 2023 | Federal Reserve Bank of Minneapolis

Non-mortgage costs drove the increase in homeowners’ average housing budgets

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Minneapolis Fed @minneapolisfed.bsky.social · 5d

Two Minnesota iron mines are still idled and hundreds of workers furloughed. What are the long-term prospects for the industry? @tuuyentran.bsky.social digs into the data to find out.

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Minneapolis Fed @minneapolisfed.bsky.social · 5d

With a higher minimum wage, companies might not adapt much at first. Only as they make capital investment decisions will the long-term effects unfold. Patrick Kehoe & co-authors recently updated their research modeling these critical transition effects. https://bit.ly/4jki97P

The Macroeconomic Dynamics of Labor Market Policies | Federal Reserve Bank of Minneapolis

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Minneapolis Fed @minneapolisfed.bsky.social · 5d

The final panel in today's CICD Data Summit begins soon, followed by closing remarks from Minneapolis Fed SVP Alene Tchourumoff.

Panel: Data and its Role in Diversifying Enterprises and Services

Tune in to the livestream to view. https://www.minneapolisfed.org/live

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

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Minneapolis Fed @minneapolisfed.bsky.social · 5d

Beginning soon in today's CICD Data Summit ➡️

Panel: Partnerships and the Investment Landscape in Indigenous Communities

Watch live: https://www.minneapolisfed.org/live

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

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Minneapolis Fed @minneapolisfed.bsky.social · 6d

Next in today's CICD Data Summit ⬇️

Panel: Using Tribal Finance Data to Shape Your World: The Survey of Native Nations

Learn more about the Survey of Native Nations with our recent article (scroll to additional resources) and find event livestream here: https://www.minneapolisfed.org/live

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

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Minneapolis Fed @minneapolisfed.bsky.social · 6d

LIVE NOW: President Neel Kashkari in conversation with @federalreserve.gov Governor Michael Barr at the Economic Club of Minnesota. Tune in to watch: https://www.minneapolisfed.org/live

Live | Federal Reserve Bank of Minneapolis

Watch live video of speeches and events

www.minneapolisfed.org

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Minneapolis Fed @minneapolisfed.bsky.social · 6d

Up next in the CICD Data Summit event➡️

10:50-11:20am CT Presentation: Analyzing Native Economies Across Time and Place

11:20am-12pm CT Panel: Tribal Public Finance: A Decade of Innovation

Watch live: https://www.minneapolisfed.org/live

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

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Minneapolis Fed @minneapolisfed.bsky.social · 6d

As part of today's Center for Indian Country Development Data Summit, Director Casey Lozar will give remarks followed by a fireside chat with Brookings Metro's @robmaxim.bsky.social. Tune in live 10:15-10:50 a.m. CT to listen: https://www.minneapolisfed.org/live

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

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Minneapolis Fed @minneapolisfed.bsky.social · 6d

Today, President Neel Kashkari will moderate a conversation with @federalreserve.gov Governor Michael Barr at the Economic Club of Minnesota 12-1pm CT. Find the livestream of the event here: https://www.minneapolisfed.org/live

Live | Federal Reserve Bank of Minneapolis

Watch live video of speeches and events

www.minneapolisfed.org

Minneapolis Fed @minneapolisfed.bsky.social · 6d

Today's CICD Data Summit will provide the opportunity to take a deeper dive into economic topics of interest. Join us for panel discussions featuring Indian Country thought leaders & economic experts. Event begins at 10am CT. Full agenda & livestream: https://bit.ly/46olnDu

CICD 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

Braiding the past and future of Native economies

www.minneapolisfed.org

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Minneapolis Fed @minneapolisfed.bsky.social · 6d

In our region, a fledgling data center boom is just starting to take off. At least 25 large-scale center locations have been proposed, and thousands of acres of land have been purchased for potential development. Haley Chinander's latest article explains: https://bit.ly/3VVxUsc

Massive data centers lay roots in the Ninth District | Federal Reserve Bank of Minneapolis

Large-scale data center developers show interest in the district, but projects are still in the planning stage

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Minneapolis Fed @minneapolisfed.bsky.social · 6d

This afternoon President Neel Kashkari participated in a virtual fireside chat with @smith.senate.gov (MN) at the Center for Indian Country Development's 10th Anniversary and Data Summit. View the recording here: https://bit.ly/3Wvdzdo

Neel Kashkari participates in fireside chat with U.S. Senator Tina Smith (MN) at CICD’s 10th Anniversary and Data Summit | Federal Reserve Bank of Minneapolis

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