WASHINGTON, July 23 (TNSRep) -- The Federal Reserve released an International Finance Discussion Paper (IFDP) titled 'Trade Costs and Inflation Dynamics,' authored by Pablo Cuba-Borda, Albert Queralto, Ricardo Reyes-Heroles, and Mikael Scaramucci on July 2, 2025. The report investigates how variations in trade costs impact consumer price inflation across countries, combining comprehensive global input-output trade data with a structural New Keynesian framework to assess the economic effects of t more PR

WASHINGTON, July 23 (TNSRep) -- The Federal Reserve published an International Finance Discussion Paper (IFDP) titled 'Breaking Up: Fragmentation in Foreign Direct Investment,' authored by Cody Kallen and released on July 16, 2025. The report provides systematic evidence on how modern geopolitical tensions and supply chain vulnerabilities are fragmenting global foreign direct investment (FDI) along ideological and geographic lines. The paper identifies five distinct dimensions of FDI fragmentat more PR

WASHINGTON, July 23 (TNSRep) -- The Federal Reserve released an International Finance Discussion Paper titled 'What Determines Household Expectations?' authored by Anushka Mitra and Aditi Singh on July 10, 2025. The paper investigates which macroeconomic announcements most strongly influence how households form and update their expectations about the economy, with a particular focus on unemployment and inflation shocks. Using high-frequency daily data around the release of macroeconomic news, t more PR