The widely used London Interbank Offered Rate (LIBOR) benchmarks are being phased out; in response, FRED will discontinue several related series. Currently, LIBOR benchmarks are produced by surveying a panel of large international banks on unsecured borrowing rates experienced in … Continue reading
FRED has added 35 series on expected inflation and real and inflation risk premia from the Federal Reserve Bank of Cleveland. The series are estimates of the expected rate of inflation over the next 30 years along with the inflation … Continue reading
Focus on the Headline Unemployment Rate This lesson plan explains why the composition effect makes it difficult to describe diverse populations with a single statistic. It provides instructions on building the graph below and includes prompts for both in-class and … Continue reading
FRED has added the European Overnight Index Average (EONIA), which is the closing rate for overnight loans denominated in euros. To create this series, the European Central Bank (ECB) collects data on unsecured, overnight lending among a panel of banks in the … Continue reading
Focus on Royalties and License Fees This assignment provides instructions on building the graph below and includes writing prompts for out-of-class assignments. Using GeoFRED® to Compare Granted Patents Across States This assignment provides instructions on creating the map below and … Continue reading
FRED has added four weekly series on retail trade from the Federal Reserve Bank of Chicago. The Chicago Fed Advance Retail Trade Summary (CARTS) is a weekly index designed to track the Census Bureau’s Monthly Retail Trade Survey (MRTS).
Focus on Real Output per Hour Worked This assignment provides instructions on building the graph below and includes writing prompts for out-of-class assignments. Using GeoFRED® to Compare Labor Productivity Growth Across States This assignment provides instructions on creating the map … Continue reading
FRED has 13 new series of overnight interest rate data from the Bank of England. Banks pay the sterling overnight index average (SONIA) on top of any loans made for purchases of sterling (British pounds) in the overnight market. Because SONIA … Continue reading
Effective July 29, 2021, the Board of Governors of the Federal Reserve System will replace the interest rate on excess reserves (IOER) and the interest rate on required reserves (IORR) with a single rate, the interest rate on reserve balances … Continue reading
FRED has 20 new series of summary statistics from “The Effects of the 1930s HOLC ‘Redlining’ Maps,” which is a recently updated working paper (August 2020) by Daniel Aaronson, Daniel Hartley, and Bhash Mazumder of the Chicago Fed. These authors … Continue reading