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Federal Reserve Monetary Policy in the 21st Century
(Private Enterprise Research Center, Texas A&M University, 2023-07-21)
In the 21st Century, the tools of monetary policy changed fundamentally with the onset of the Great Recession and the Covid-Pandemic, both of which led to significant asset expansions of the Federal Reserve to the tune of ...
BCS Economy at the Start of 2023
(Private Enterprise Research Center, Texas A&M University, 2023-01-26)
This presentation, “State of the Local Economy at the Beginning of 2023,� covers topics from PERC’s Economic Indicators report, including the Business-Cycle Index, nonfarm employment, unemployment, inflation-adjusted ...
Federal Liabilities: 2023 Update
(Private Enterprise Research Center, Texas A&M University, 2023-03-07)
The 2022 Financial Report of the United States Government identifies total federal liabilities of $39 trillion as of September 30, 2022. While the federal debt, interest payments and federal employees’ accrued benefits ...
The Covid-19 Federal Reserve
(Private Enterprise Research Center, Texas A&M University, 2023-10-13)
At almost the onset of the effects of the pandemic, the Federal Reserve engaged in a massive asset expansion that was truly unprecedented. In just the first three months of the pandemic, March, April and May of 2020, the ...