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Fernando M. Martin

Research Officer
Federal Reserve Bank of St. Louis
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Publications & Resources

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  • Making Ends Meet on the Federal Budget: Outlook and Challenges

    Third Quarter 2017 | Regional Economist

    U.S. budget projections through 2027 point to the challenge of meeting growing obligations from mandatory spending amid modest increases in revenue.

  • A Short History of Prices, Inflation since the Founding of the U.S.

    Second Quarter 2017 | Regional Economist

    To get an idea of the Fed’s impact on prices and inflation, look at the data before and after its creation in 1913. Learn about the gold standard’s role, too.

  • Where Did All the New Liquidity Go?

    January 2016 | Regional Economist

    The federal government and the Fed pumped a lot of liquidity into the economy in response to the Great Recession. But the usual domestic users of such liquidity—households and businesses—increased their liquidity holdings only slightly.

  • The Federal Budget: How the U.S. Got Here, and Where It Is Headed

    July 2014 | Regional Economist

    Now that the turmoil over the federal budget has quieted down somewhat, it’s a good time to examine how spending and revenue have changed since the 1970s and are expected to change in the next 10 years.

  • A View from the Fiscal Cliff

    April 2013 | Regional Economist

    January’s deal on the so-called fiscal cliff only raised projected revenue moderately and continued to push the spending issue forward unresolved. The economy may have been slowed down by such a drawn-out process, as well as by the uncertainty on the future size of government and on the distribution of the tax burden.

  • Ask an Economist

    January 2012 | Regional Economist