RICHMOND, Virginia, Nov. 28 (TNSres) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 24-36) in November 2024 by Thomas A. Lubik and Paul Ho entitled "Examining the Differences in r* Estimates". Here are excerpts: * * * With inflation declining over the course of the year and the Federal Open Market Committee (FOMC) seemingly in the process of normalizing policy, a key question is: What is the natural real rate of interest (denoted r*)? In this article, we will more PR

RICHMOND, Virginia, Nov. 28 (TNSres) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 24-37) in November 2024 entitled "Goodfriend Memorial Lecture: The U.S. Current Account Deficit and the Global Capital Market Revisited". Here are excerpts: * * * When I was invited to give the Marvin Goodfriend Lecture, I really couldn't say no. Marvin and I were more or less the same age. I think he got out of graduate school one year before I did, and we overlapped at the B more PR

RICHMOND, Virginia, Nov. 28 (TNSres) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 24-35) in November 2024 by Beverly Hirtle and Anna Kovner entitled "To Whom It May Concern: Demographic Differences in Letters of Recommendation". Here are excerpts: * * * We analyze the text of 6,365 recommendation letters received by a large U.S.-based research institution for 2,227 new Ph.D. job candidates during four recent annual recruiting cycles (2018 to 2021). We pair  more PR

ALEXANDRIA, Virginia, Nov. 28 -- The National Credit Union Administration issued the following news release on Nov. 27, 2024: * * * The National Credit Union Administration issued one consent order in November 2024. The individual named below is permanently prohibited from participating in the affairs of any federally insured depository institution. Prohibition Order: * Daniel Garza, a former employee of Alhambra Credit Union, Phoenix, Arizona An Order of Prohibition prohibits a party from  more PR