Policy update : Financial reform moves forward, challenges remain

Related links: http://www.richmondfed.org/publications/research/region_focus/2010/q3/policy_update_weblinks.cfmFinancial markets

When did the recession end?

Although the National Bureau of Economic Research has not yet officially announced the end of the recession that started in December 2007, the data series commonly used to date recessions seem to preliminarily suggest that it ended in the middle of last year. However, certain areas of the economy, particularly employment and personal income, remain relatively sluggish.Business cycles ; Recessions

Federal Reserve: Stigma and the discount window

Related links: http://www.richmondfed.org/publications/research/region_focus/2011/q1/federal_reserve_weblinks.cfmDiscount window ; Banks and banking

Policy update : Fed launches round two of 'quantitative easing'

Related links: http://www.richmondfed.org/publications/research/region_focus/2010/q4/policy_update_weblinks.cfmFederal Reserve System ; Interest rates

Federal Reserve : The CRA and the subprime crisis

Related links: http://www.richmondfed.org/publications/research/region_focus/2010/q4/federal_reserve_weblinks.cfmHome ownership ; Subprime mortgage

How might the Fed's large-scale asset purchases lower long-term interest rates?

Over the past two years the Federal Reserve has engaged in large-scale asset purchases (LSAPs), often grouped under the heading of "quantitative easing," as an alternative means of stimulating the economy when policy rates are at their zero lower bound. Theoretical and empirical research shows how this policy may lower long-term interest rates, and financial market data suggest that the initial launch of LSAPs had an effect on expectations about future Fed policy.Interest rates

Decomposing inflation

As U.S. core inflation measures have declined in recent years, analysts have renewed their efforts to understand inflation dynamics. A common approach to this issue is to make inferences about how price changes of major components affect the aggregate inflation rate. This article takes a more rigorous approach, calculating and plotting the precise contributions of major consumer expenditure categories to core inflation measures over time. ; This technique has distinct advantages. It highlights the underlying trends in inflation, enabling analysts to make more informed inferences about the near-term direction of inflation. It also allows analysts to distinguish broad-based changes in inflation from changes due to relative price movements of a few components. ; The analysis focuses on the core components of the consumer price index (CPI) and the personal consumption expenditures price index (PCEPI). Over the long term, the authors note, the composition of core services inflation has remained relatively stable while the composition of core goods inflation has changed dramatically. Over the 2002–03 period, movements in core inflation measures resulted mainly from significant relative price changes of two components that were persistent enough to alter the path of core inflation for a sustained period, the authors conclude. ; The results of this study highlight the importance of gauging the impact of relative changes in a low-inflation environment and suggest that recent concern about overall price deflation was perhaps overstated.Inflation (Finance)

An Exegetical Workbook: A Curriculum for Second Year Greek at Eugene Bible College

Excerpt: The purpose of this project is to develop a workbook for second year Greek at Eugene Bible College. Through its use, students will develop the knowledge and skills necessary for doing New Testament Greek exegesis. The workbook will be used by seniors who are in the pastoral and missionary studies programs

Effect of Creatinine Point-of-Care Testing on Turnaround Time for Computed Tomography Exams with Intravenous Contrast

Abstract Emergency departments often have a stigma of long wait times. They face multiple challenges related to the flow of patient care due to the variety of factors that affect care and treatment. In order to support patient-centered care, the purpose of this project was to determine if point-of-care testing of creatinine decreases turnaround time for computed tomography exams with intravenous contrast in the emergency department. A mixed methodology of consecutive sampling and retrospective data collection was used. In all, 128 ratio data elements were reviewed, including a retrospective review of 64 charts from September 2018 and a consecutive sample of 64 charts from September 2019 for ED patients aged 18 or older who had a CT with IV contrast exam ordered and completed. Results showed a decrease in turnaround time of 66 minutes. Further research and data collection are recommended to ensure sustainability and a hardwired process change and to determine other benefits of implementation of point-of-care testing in the emergency department. Keywords: point-of-care testing (POCT), intravenous (IV) contrast, turnaround tim

Examining contributions to core consumer inflation measures

The purpose of this paper is to examine the composition of inflation over time. The authors calculate the contributions to inflation for individual series of the consumer price index (CPI) and personal consumption expenditures price index (PCEPI) and then aggregate those contributions into major consumer expenditure categories. This technique provides a wealth of information concerning aggregate inflation behavior in a concise way, enabling the authors to describe the composition of inflation at any point in time. A particularly important benefit of this method is that it allows them to distinguish broad-based changes in inflation from changes due to relative price movements of a few components. The authors examine long-term trends in contributions to PCEPI core inflation and make inferences about the direction of inflation in the near term. In addition, they examine the decline in CPI core inflation over the 2002–03 period and find that the decline was largely driven by relative price changes of two components.