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Minneapolis Fed research examining the larger, aggregate view of the economy, including trends in income and spending of government, business, nonprofit institutions, and households.

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“Hot” or not? Learning the right lessons from the labor market after COVID
Simon Mongey | Principal Research Economist
May 15, 2025
Article
Staff Reports
Analyzing the Effects of Occupational Licensing on Earnings Inequality in the United States
Kihwan Bae | West Virginia University Morris Kleiner | Visiting Scholar Conor Norris | West Virginia University Edward Timmons | West Virginia University and Archbridge Institute
May 14, 2025
Research
Minneapolis Fed Quarterly Review
Argentina’s Disinflation: An International and Historical Perspective
Rafael Di Tella | Harvard Business School and NBER Franco Nuñez | Universidad de San Andrés and Alberdi Partners Pablo Ottonello | University of Maryland and NBER
May 12, 2025
Research
Minneapolis Fed Quarterly Review
Machine Learning a Ramsey Plan
Thomas J. Sargent | New York University and Hoover Institution Ziyue Yang | Australian National University
May 12, 2025
Research
Staff Reports
The Optimal Monetary Policy Response to Tariffs
Javier Bianchi | Monetary Advisor Louphou Coulibaly | University of Wisconsin-Madison
May 8, 2025
Research
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Research Director Andrea Raffo on trade policy uncertainty, tariffs, and the flight from U.S. assets
Jeff Horwich | Senior Economics Writer
April 24, 2025
Article
The Federal Reserve Bank of Minneapolis building and logo
Recipe for “cheapflation”? Household liquidity, consumer choices, and firm pricing
Jeff Horwich | Senior Economics Writer Simon Mongey | Principal Research Economist
April 21, 2025
Article
A ship loaded with shipping containers is transporting goods overseas beside a photo of a woman shopping at a clothing store
Gains from trade: Understanding the who, how, and when
Jeff Horwich | Senior Economics Writer
April 16, 2025
Article
Graphic key image of Lukas Mann
Scholar spotlight: Lukas Mann
Andrew Goodman-Bacon | Principal Research Economist, Institute
April 14, 2025
Article
Staff Reports
The Macroeconomic Dynamics of Labor Market Policies
Erik Hurst | University of Chicago Patrick J. Kehoe | Monetary Advisor Elena Pastorino | Visiting Scholar Thomas Winberry | Scholar
March 28, 2025
Research
A group of people sharing a though bubble showing an upward graph
More than a feeling? Making sense of elevated inflation expectations
Jeff Horwich | Senior Economics Writer
March 27, 2025
Article
The Federal Reserve Bank of Minneapolis building and logo
Under a stiff tariff, boosting the economy takes priority over inflation for a central bank
Jeff Horwich | Senior Economics Writer
March 21, 2025
Article