Chicago Fed Insights
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By Caroline Beetz Fenske       December 04, 2020

A virtual panel on visions for Milwaukee's future was held on December 1 as part of the Chicago Fed's Project Hometown series. Jeremiah Boyle, assistant vice president and managing director of community and economic development at the Chicago Fed, moderated the discussion. Boyle has a long-term connection to Milwaukee that continues today. Boyle's daughter is a senior at the University of Wiscons... Read More

By Kathy Cobb       December 4, 2020

Two themes were repeated by the featured speaker and three panelists at the Chicago Fed’s December 1 virtual conference on changes in our food system: Covid-19 has had an impact on how we shop and eat now and perhaps into the future. However, regardless of the pandemic, new consumer expectations are affecting the entire agricultural ecosystem. Disruptions caused by Covid-19 have al... Read More

By Susan Longworth       December 3, 2020

The Chicago Fed hosted the Seventh Annual Summit on Regional Competitiveness during the week of November 16, 2020. The virtual event kicked off with a conversation about the impact of Covid-19 on the economy between Anna Paulson, director of economic research at the Federal Reserve Bank of Chicago, and Austan Goolsbee, the Robert P. Gwinn Professor of Economics at the University of Chicago Bo... Read More

By Ketan B. Patel       November 30, 2020

In this blog post, we investigate changes in margin at CCPs during the market stress of 2020:Q1 to show how reactive CCP funding demands were to the increase in market volatility. “Save for a rainy day.” This famous old idiom is often used to encourage people to save money in good times in order to better manage through future, unforeseen difficult times. After the global Financial ... Read More

By Caroline Beetz Fenske       November 24, 2020

Can Wisconsin Rapids reinvent itself once again? This was the central question raised at the November 18 Project Hometown virtual panel moderated by Steven Kuehl, senior advisor on community and economic development at the Chicago Fed. The paper mill in Wisconsin Rapids closed indefinitely on July 31 after 116 years of continuous operation, explained Kuehl. “The pandemic precipitated a sudden a... Read More

By Caroline Beetz Fenske       November 17, 2020

Leaders from government, business, the health sector, and the philanthropic community held a virtual discussion on November 12th on the economic, social, and public health challenges facing Detroit and Michigan as a result of the Covid-19 pandemic. Charlie Evans, president of the Federal Reserve Bank of Chicago, was the moderator of the community forum. This forum is part of the Chicago Fed’s... Read More

By Lisa Camner McKay       October 23, 2020

Innovation has been an essential driver of economic growth in Chicago. However, the benefits of that innovation have not been experienced equally across the city’s diverse population. The sustained health and economic crises caused by the Covid-19 pandemic have served as a poignant illustration of the disparities that exist between Chicago’s haves and have-nots. On October 19, Project Hometow... Read More

By Lisa Camner McKay       September 30, 2020

Experts from five Chicago nonprofit organizations and research institutions convened for a Project Hometown event on September 25 to discuss the coronavirus pandemic’s impact on the health and economy of Chicago’s diverse neighborhoods. While the pandemic has affected everyone, it hasn’t affected everyone equally. Both health and economic outcomes have been more severe for Chicago’s communiti... Read More

By Jane Dokko, Jung Sakong       September 4, 2020

The severe and prolonged economic consequences of the Covid-19 pandemic have stressed the earnings of tens of millions of households. The pandemic has also widened the racial disparities in health and economic outcomes for Black and Latinx families. And the existing social safety net has not provided sufficient cash and in-kind transfers to support families dealing with the impacts of surgin... Read More

By Andy Polacek       August 26, 2020

After the third straight “wettest May on record” for Chicago, if you’re a Chicagoan you may be wondering if your home is at risk for serious flooding. One way to figure this out might be to look at the flood maps provided by the Federal Emergency Management Agency (FEMA), the federal agency in charge of national disaster preparedness and relief. FEMA flood maps say that only 0.3% of proper... Read More

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