Navigating the Fed’s next move? Here’s why these trades may be an investor’s best weapon.

Political contributions generate access and influence for firms, but their public visibility exposes firms to reputational risk. We study how firms adjust their political spending when the reputational cost of political ties rises sharply. To identify this response, we exploit fatal school shootings and mass shootings as exogenous shocks to the salience of gun violence…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 14, 2026 Minutes of the Board’s discount rate meetings on June 8 and June 17, 2026 For release at 2:00 p.m. EDT The Federal Reserve Board on…

We are grateful to Jensen Ahokovi and Shantanu Kamat for their research assistance. We would also like to thank Vincent Armantano, David Arnold, Julia Barezneva, Vafa Behnam, Julian Betts, Jonathan Brownrigg, Richard Carson, Gabriel Canedo Riedel, Matthew Chingos, Julie Berry Cullen, Gordon Dahl, Ricardo Di Cato, Maria de la Paz Ferro, Martha Fiehn, Erick Gong,…

Index-linked treasury stocks are gilts issued by the UK Government. They pay out twice a year, with the amount indexed to the Retail Prices Index.

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 08, 2026 Minutes of the Federal Open Market Committee, June 16-17, 2026 For release at 2:00 p.m. EDT The Federal Reserve on Wednesday released the minutes of…

Just a few months ago, oil prices were surging and there were forecasts it could get worse. But, defying forecasts of doom, oil prices are crashing to levels seen at the start of the war.  The Economist predicted $150 oil, now they admit they were wrong. Yet, closing Hormuz was a bigger oil supply shock…