3 posts on "Street Level"
October 9, 2026
Prices, Prices, Prices: Overall Inflation and the Costs You Care About
As fall starts to show itself in cooler weather, I want to discuss a topic that usually raises temperatures: inflation. Like a budget-conscious consumer, the Federal Reserve is highly attuned to changes in the price of goods and services; minimizing such swings is one of the Fed’s primary duties, after all. But how does the Fed’s view of prices differ from that of a consumer? And how does the Fed go about stabilizing prices writ large when it lacks the ability to set prices directly? In this post, I explore that apparent paradox from the perspective of a central banker (though I remain a budget-conscious consumer when off duty).
September 3, 2026
Jackson Hole: Exploring the Financial Frontier
After two days of heady discussions with academics and policymakers from around the world in high-altitude Jackson Hole, Wyoming, I’m now decompressing back at Street Level. The main theme of this year’s Kansas City Fed symposium was financial innovation in the payments space—a fast-evolving topic with major implications for consumers and central bankers alike. In this post, I’ll share some general takeaways from those Jackson Hole talks and highlight related New York Fed research on payments and financial intermediation.
August 5, 2026
AI’s Impact on Labor and Hiring
Welcome to Street Level, my new series on Liberty Street Economics. As research director, I try to keep track of the wide range of work that the economists at the New York Fed produce. My goal for this series is to periodically offer some thematic discussion of that work, highlighting recent analysis by Research staff and adding my own observations on the issue at hand. In this inaugural post, I’ll focus on perhaps the hottest topic going: How artificial intelligence is changing the labor market and hiring behaviors.
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