Doreen Fagan is a manager and senior content editor with the St. Louis Fed External Engagement and Corporate Communications Division.
Members of the FRED team spotlight the online data source’s sought-after series and new resources to help people understand the COVID-19 economic impact.
How do we define opportunity cost? It’s the “value of the next-best alternative when a decision is made; it's what is given up.”
Person-to-person transfers using digital/mobile wallets are booming. What ins and outs should consumers know?
GDP serves as a gauge of our economy’s overall size and health. Here’s what it includes (and what it doesn’t).
Unemployment recently hit 3.8 percent, an 18-year low. But that measure of labor underutilization does not include certain people, like discouraged workers or the underemployed.
Do you have a savings account that earns interest? That’s similar to how the Federal Reserve acts as the “bankers’ bank,” an important function.