Bullard on nominal GDP targeting; robots and jobs; retiree wealth; the urban-rural economic divide; student debt; fintech lending; and more
This article features excerpts from a Timely Topics podcast in which the St. Louis Fed president shares some thoughts on nominal GDP targeting.
The growing presence of robots may affect U.S. demand for routine manual jobs like assembly work.
Despite rising wealth inequality, most retired households in 2016 were wealthier than those in 1989.
In addition to race and gender, marital status appears to play a role in the earnings gap.
Economic growth in U.S. rural areas may be slower than growth in urban areas because of a different industry mix.
Tuition appears to be a bigger driver of student debt growth in the Eighth District than in the U.S. as a whole.
U.S. economic growth in the first quarter of 2019 surprised forecasters.
Fintech firms accounted for 38% of this market in 2018, up from 5% in 2013.