Boston Fed news and trends

Fed Study Shows Healthy Small Businesses Benefited Most From PPP Loans
SMBs // December 27, 2022

Policymakers are tapping PPP loan lessons for future-fit insights into keeping Main Street businesses healthy. Researchers say that analyzing the legacy and impact of the U.S. government’s extraordinary $800 billion Paycheck Protection Program (PPP) loan initiative, an emergency response to the COVID-19 pandemic, can help inform...

Boston Fed, MIT Study Paints Path Forward for Digital Dollar
Cryptocurrency // December 22, 2022

A U.S. digital dollar is possible, and researchers have built the framework to prove it. That’s according to a multi-year project from the Federal Reserve Bank of Boston and the Digital Currency Initiative at the Massachusetts Institute of Technology (MIT), which has laid fresh groundwork...

Boston Fed Study Ties Kids to Consumption During Economic Downturns
Economy // December 06, 2022

Despite the holiday cheer, American consumers are growing increasingly anxious about the economy. It’s gotten to the point where even those consumers whose wages and wealth have kept pace with inflation are becoming more cautious about what they buy. While barely a week goes by...

Boston Fed Names University of Michigan Provost as Bank President, CEO
Personnel // February 09, 2022

The Federal Reserve Bank of Boston has announced its next leader is Susan M. Collins, according to a press release Wednesday (Feb. 9). Collins will serve as president, CEO and a participant in monetary policymaking nationwide on the Federal Open Market Committee. Collins is provost...

Quick Reads
Boston Fed Names University of Michigan Provost as Bank President, CEO

February 09, 2022
The Federal Reserve Bank of Boston has announced its next leader is Susan M. Collins, according to a press release Wednesday (Feb. 9). Collins will serve as president, CEO and a participant in monetary policymaking nationwide on the Federal Open Market Committee. Collins is provost and executive vice president for academic affairs at the University […]