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We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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Econ Focus

How Forecasts Can Influence the Present

Jaimovich, Nir, and Sergio Rebelo. "Can News About the Future Drive the Business Cycle?" American Economic Review, September 2009, vol. 99, no. 4, pp. 1097-1118.
(non-gated, working paper version)

Tim Sablik