Treasury-Fed Accord

Is the line between fiscal policy and monetary policy becoming blurred again? Learn more about how the Federal Reserve and the Treasury Department reached an accord that permitted the Fed to pursue an independent monetary policy more than 50 years ago.

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Research
Research
By advancing the science of economics, examining current issues impacting the national and regional economy, and informing the public about how the economy functions, the Research Department of the Federal Reserve Bank of Richmond seeks to improve policy decisions over the long run and contribute to the formation of the Federal Reserve's monetary policy.
Our Research Focus

While we have a broad research agenda, the Richmond Fed focuses on eight key areas of economic study: Consumer Finance, Economic Growth and Business Cycles, Financial Markets and Institutions, Inflation and Monetary Policy, Labor Markets, Monetary History, Payments and Policy, and Regional Economics.

In Depth

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October 13, 2009

Economic Growth and Business Cycles

Economists

Meet an Economist

Economist John Walter

September 29, 2009

Meet an Economist - John Walter

Senior economist and research adviser John Walter provides an overview of the challenges facing banking regulation.

Regional Economy

Regional Surveys of Business Activity

State of Maryland

October 29, 2009

Maryland Survey of Business Activity

Firms reported higher sales and customer inquiries in October.

South Carolina and North Carolina

October 29, 2009

Carolinas Survey of Business Activity

Overall business activity and expectations rose in October.

Reports

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October 7, 2009

October 2009 Snapshot

The Fifth District economy was sluggish in recent months

National Economy

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October 20, 2009

National Economic Indicators

The latest economic data gathered by the Richmond Fed