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What is a dollar worth?

Directions: Enter years as 4 digits (i.e. 1913) through 2010. Enter dollar amount without commas or $ sign in box on first line. Click Calculate button to compute dollar amount shown on second line.

If in (year), I bought
goods or services for $
then in (year), the same
goods or services would cost $
CalculateReset

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Spotlight

The Economy and Why the Federal Reserve Needs to Supervise Banks

Narayana Kocherlakota at the Allied Executives Business & Economic Outlook Symposium, Minneapolis, Minnesota.
March 2, 2010
Listen [mp3]

Banking Health in the Ninth District

Track bank performance in the Ninth District over the past 25 years; charts will be updated quarterly as new data is available.

Remarks on: “Financial Conditions Indexes: A Fresh Look at the Crisis”

Narayana Kocherlakota at the U.S. Monetary Policy Forum, New York, New York.
February 26, 2010

Federal Reserve Bank of Minneapolis Names New Research Director

Kei-Mu Yi to replace Arthur Rolnick, who will retire July 31, 2010.
February 2, 2010

Work to be Done

Minneapolis Fed President Narayana Kocherlakota's inaugural column in the December 2009 Region on the importance of communication and using research to address key policy questions.

Teaching Aids

New articles and class supplements are available.

Recession in Perspective

Compare the length and depth of the current recession with the previous 10 recessions
(post-World War II).

Credit and Liquidity Programs and the Balance Sheet

Information on policy tools the Federal Reserve has employed to address the financial crisis, including an explanation of the Federal Reserve's balance sheet, descriptions of all of the Federal Reserve's liquidity and credit facilities and discussion of the Federal Reserve's risk-management practices.

Foreclosure Resource Center

Information and resources for community groups, lenders, local communities, consumers and others on the Fed's collaborative efforts to facilitate options for workouts in the District.