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
Income inequality and aggregate demand in the United States
February 19, 2018
February 19, 2018
How the rise of market power in the United States may explain some macroeconomic puzzles
February 12, 2018
February 12, 2018
Kaldor and Piketty’s facts: The rise of monopoly power in the United States
February 12, 2018
February 12, 2018
Can the financial benefit of lobbying be quantified?
January 16, 2018
January 16, 2018
Lobbying with Lawyers: Financial Market Evidence for Banks’ Influence on Rulemaking
January 16, 2018
January 16, 2018
Ten years after the beginning of the Great Recession, is it time to abandon the natural rate hypothesis?
December 1, 2017
December 1, 2017
Why is the federal business-level tax rate on capital so low?
October 5, 2017
October 5, 2017
An update on the state of wealth inequality in the United States
September 28, 2017
September 28, 2017
Another lesson from the 1930s for the Federal Reserve
September 19, 2017
September 19, 2017
Markups, macroeconomics, and the changing U.S. economy
September 14, 2017
September 14, 2017
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