Econ Focus
Fourth Quarter 2022
In this issue: job mobility after the pandemic, the Fed's forward guidance, climate change and North Carolina, and more.
The editors of the Richmond Fed's economics magazine want to hear from our readers. Which articles do you read? What topics would you like to see more coverage of?
Cover Story
The Future of Forward Guidance
Talking about the future has become a valuable tool of monetary policy, but recent events have prompted a reevaluation.
How Long Will Higher Inflation Last?
For the first time in more than a generation, we are grappling with high, broad-based, and persistent inflation. Is there an end in sight?
Job Mobility During and After the Pandemic
In the past few years, job changing in the United States — workers leaving their current employers for new ones — seems to have been on the rise. This development, often called the "Great Resignation," has attracted much attention, but the reasons behind it are far from clear.
Community Effects of Climate Change in North Carolina
The maps included here are from a data-mapping exercise completed by analysts at the Richmond Fed to highlight the impact of flooding on communities within North Carolina through the lens of social vulnerability.
Sections
Steven Davis
University of Chicago economist on remote work, changes in recruiting, and business startups after the pandemic
Maggie Lena Walker
Maggie Lena Walker built the St. Luke Penny Savings Bank to last. When it opened its doors in Richmond's Jackson Ward district in 1903, Walker became the first Black woman to establish a bank in the United States.
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