Is the line between fiscal policy and monetary policy becoming blurred again? Learn more about how the Federal Reserve and the Treasury Department reached an accord that permitted the Fed to pursue an independent monetary policy more than 50 years ago.
While we have a broad research agenda, the Richmond Fed focuses on these key areas of economic study:
This series of essays articulates the Richmond Fed's views on issues of particular importance to the Fifth District and the national economy, and their policy implications:
Maryland Survey of Business Activity
Business activity in Maryland expanded at a modest pace in January.
Carolinas Survey of Business Activity
Business activity in the Carolinas firmed in January, but labor demand was still soft.
The latest data on the national economy from the Richmond Fed
Loan Loss Reserves, Accounting Constraints, and Bank Ownership Structure
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