Federal Reserve Bank of Dallas
Heatwave cost Texas 1% of GDP in 2023, says Dallas Fed research
Higher temperatures have significant effects on productivity, but less on jobs, paper finds

Remittances to Mexico reach record high, says Dallas Fed
Researchers say strong US construction sector fuels funds transfers

Bond market turmoil could aid Fed policy, say FOMC members
Phillip Jefferson and Lorie Logan say financing points to strong economic momentum

Central Banking Awards 2023: Gallery
See the winners from the big night, including leading figures from across the industry who came to pick up their awards
Surprising the market can reverse standard effects of policy, paper finds
Part of the impact of Fed decisions comes from revealing economic thinking, authors say
Dallas Fed finds emerging markets insulated against US rate rises
Proactive rate rises, transparency and accumulated FX reserves helped shield economies
Fed economists estimate natural rate still at rock bottom
Analysis implies policy rate is firmly in restrictive territory and may not remain high
US housing inflation will slow in early 2024, Dallas Fed paper says
Researcher uses vector error correction model to estimate housing market pressures
Immigration decline hurts growth and inflation prospects – Fed research
Dallas Fed VP says “absolutely” a link between low immigration and rising inflation
Youth disconnect could create ‘less-skilled workforce’ – Dallas Fed
Declining labour force participation is detaching younger people from work, authors find
Central Banking Awards 2023: third group of winners announced
Awards include economic research, payments reform and risk management services
Dallas Fed warns of global housing ‘slide’
US and German markets are out of touch with fundamentals, authors say
Dallas Fed research casts doubt on ‘soft landing’
US Fed chair Jerome Powell sees US worker shortages as “more structural than cyclical”
People: New York Fed appoints new Soma manager
Fed names new FOMC secretary; ECB IT head is leaving; new COO at Irish central bank
ECB adopts new ethics rules on trading
New rules ban holding of individual equities, similar to Fed reforms
Fed raises rate as Powell hints at further rises
Data suggests Fed will need to hike higher than previously expected, chair says
St Louis Fed president appeared at private Citigroup event
Media was not invited to October 14 talk by FOMC member Bullard
Digital dollar could reduce unbanked in US by 93% – Dallas Fed paper
Inclusion need not come at the cost of disintermediation, researchers find
US CPI inflation falls modestly
New York Fed reports “steep declines” in inflation expectations, but core CPI ticks up
People: July to September 2022
A round-up of central bankers in the news and on the move during the past three months
New Dallas Fed president says inflation is top priority
Lorie Logan pledges to build relations with local population and work on behalf of community banks
Housing affordability dropping across the US
Fed’s large rate hikes and constrained housing supply create tough market for buyers
Fed internal watchdog clears Powell and Clarida
Inspector-general still examining Rosengren and Kaplan, while senators criticise new code
Fed’s favoured inflation gauge falls
PCE inflation reading for April 2022 was down from March