Macro & Labor

RESEARCH & INSIGHTS

Salient Risks to Financial System Rise: Insights from The Fed's Latest Financial Stability Report

The US economy remains on solid footing as 2023 comes to a close, but a complex risk landscape for the US financial system lies ahead.

Consumer Debt Soars, Unmasking Housing Market Risks

Consumer debt rose to a record $17.1 trillion during the second quarter of 2023, unmasking a new risk to the US economy.

The Housing Market Correction Hiding in Plain Sight

While many celebrate the recent positive shift in home prices, the emergent optimism neglects a critical piece of the puzzle: inflation.

Locked Out: Most Renters Anticipate a Lifetime Without Homeownership

Due to high prices and tight underwriting standards, many renters now expect there’s a good chance they will never own in their lifetime.