Recessions cause substantial economic pain through elevated unemployment and financial distress for individuals, families, and businesses. Monetary policy is a primary tool that U.S. policymakers use to support the macroeconomy and reduce the pain of economic downturns. Equitable Growth works to improve our understanding of how monetary policy affects the business cycle, unemployment, and inequality to deliver robust, broad-based economic growth.
Featured work
Why measuring inflation is surprisingly challenging
April 5, 2023
April 5, 2023
U.S. inflationary trends amid the COVID-19 pandemic
December 13, 2022
December 13, 2022
What are the distributional effects of monetary policy?
November 17, 2022
November 17, 2022
The impact of different inflationary pressures due to income inequality and racial disparities in the United States today
May 26, 2022
May 26, 2022
Good U.S. monetary policy can’t fix bad U.S. fiscal policy
February 18, 2020
February 18, 2020
Planning for the next recession by reforming U.S. automatic stabilizers
May 16, 2019
May 16, 2019
Explore Content in Monetary Policy251
The Distributional Consequences of Private Equity
August 27, 2024
August 27, 2024
Request for Proposals: How effective was the fiscal response to the COVID-19 recession for workers?
March 18, 2024
March 18, 2024
Testimony by Michael Linden before the Joint Economic Committee
March 12, 2024
March 12, 2024
Request for proposals: Research grants for early career scholars
November 30, 2023
November 30, 2023
Employment scarring research suggests benefits for aggressive U.S. fiscal policy in response to recessions
October 19, 2023
October 19, 2023
Geospatial Heterogeneity in Inflation: A Market Concentration Story
August 30, 2023
August 30, 2023
What monetary and fiscal policy can tell us about the U.S. recovery from the COVID-19 recession
June 14, 2023
June 14, 2023
Seven ways the inflation debate in the United States has changed since last year and how the Fed can now recalibrate its monetary policy
April 12, 2023
April 12, 2023
Why measuring inflation is surprisingly challenging
April 5, 2023
April 5, 2023
Summary of Equitable Growth’s March ‘Econ 101’ briefing on inflation for Capitol Hill staffers
March 23, 2023
March 23, 2023
Inflation, Federal Reserve policymaking, and liquidity traps
March 14, 2023
March 14, 2023
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