The FED Said Recent steps to scale back U.S.-Cuba ties have dampened U.S. travel and business interest in the island nation, two American entrepreneurs in the country told a forum at the Federal Reserve Bank of Atlanta. “The word of the day in Cuba right now is uncertainty,” said Collin Laverty, who operates an educational […] Read more

The FED Said That outcome would create an historical symmetry. Miami, after all, was born as what might now be called a transit-oriented development, or TOD. In the late 19th century, fewer than a million people lived in Florida, and Jacksonville was the fashionable destination for wealthy northerners. Railroad impresario Henry Flagler changed that by […] Read more

The FED Said “Nobody’s model does a very good job of how uncertainty and hits to confidence affect behavior,” says Deutsche Bank’s Peter Hooper in a recent Wall Street Journalarticle. Count us as sympathetic to his viewpoint. That’s one reason why a few of us at the Atlanta Fed created a national survey of firms in […] Read more