Urvi Neelakantan describes how employment, income growth and consumption can differ between groups of households and reviews recent trends in this divergence of economic outcomes. Neelakantan is a senior policy advisor at the Federal Reserve Bank of Richmond.

Surekha Carpenter and Borys Grochulski discuss how community development financial institutions work to help underserved communities that lack adequate access to credit and what factors determine their success in filling market gaps. Carpenter is a senior research analyst and Grochulski is a senior economist, both at the Federal Reserve Bank of Richmond.

Marina Azzimonti discusses how digital currency like stablecoin and physical currency like the U.S. dollar are tied together, how the demand for one affects the other, and how this relationship plays out in global financial markets. Azzimonti is a senior economist and research advisor at the Federal Reserve Bank of Richmond.