Ivan Ivanov (ChicagoFed) shared new work documenting adverse capital market consequences for state and local governments due to data breaches.

See “City Hall Has Been Hacked! The Financial Costs of Lax Cybersecurity” via link on our agenda page:

nyfed.org/4aysWXS

David Oppedahl discussed farmland values and the impact of inflation on farm businesses at the Beginning Farmer Center 2024 Farm Transitions Conference in Ames, IA. #InTheDistrict

To address childcare challenges in NE Wisconsin, partners are coming together to mobilize the region toward developing solutions, writes Karen Cuenca in her recent Chicago Fed Insights article. Learn more about how access to #childcare impacts the economy: bit.ly/4cMn1zW

The Chicago Fed Advance Retail Trade Summary (CARTS) projects retail & food services sales excluding motor vehicles & parts to increase 0.2% in March on a seasonally adjusted basis and to decrease 0.1% when adjusted for inflation. #retailsales bit.ly/3OIirIC

The National Financial Conditions Index (NFCI) decreased to –0.53 in the week ending April 5, suggesting looser financial conditions. #NFCI #economy bit.ly/3SDbgCd

Did you know that the vault door in the ChicagoFed weighs 80,000 pounds? We get a lesson in how the Federal Reserve works.
trib.al/kjOkIl1

Lack of access to #childcare can impact parents’ ability to work, posing a challenge to maximum sustainable #employment . Read about factors influencing high costs and a lack of open spots in a recent Chicago Fed Insights article: bit.ly/3J5KOxe

Senior economist and Economic Mobility Project director Kristen Broady, PhD, MBA recently spoke with WPR about her latest findings on the racial wealth gap. Listen here: bit.ly/3Tx4vDa

Interested in a career in #economics ? Join Federal Reserve staff on May 8, 2024, at 11:00 A.M. ET to discuss their experiences at the Board and the career paths and opportunities available.

Learn more: federalreserve.gov/conferences/ex… #FedEconJobs #EconTwitter

The National Financial Conditions Index (NFCI) decreased to –0.51 in the week ending March 29, suggesting looser financial conditions. #NFCI #economy bit.ly/3SDbgCd

TODAY: Hear from panelists Andrew Hartnett, Sam Kunjukunju, Peter Lichtenberg, and Deborah Royster as they discuss the growing threat of elder financial exploitation in a panel moderated by Leslie McGranahan. Join us: bit.ly/43w9WGM

TOMORROW: Bhash Mazumder and @Mdeliema (@UMNews) will share a high-level introduction to the issue of elder financial exploitation as part of our virtual event. Tune in: bit.ly/43w9WGM

We're seeking feedback from community organizations & those working to support low- to moderate-income communities. The Community Perspectives Survey helps inform the Fed about the #economic conditions of local communities. Survey open through 4/30: bit.ly/3ITo3MV

According to the U.S. Department of Justice, more than $3 billion has been lost annually by older individuals due to financial fraud. Learn about the prevalence and risk factors at our April 3 event. bit.ly/43w9WGM

The Chicago Fed is hiring an EVP of external affairs & civic engagement to lead communication & engagement strategies across the Seventh District. Join us in raising awareness of the FRBC's role in the regional & national economy: bit.ly/3TUS2u4 #publicaffairs #nowhiring

Did you know 1 in 20 older adults in the U.S. is a victim of financial exploitation, according to Wayne State University's Older Adult Nest Egg? Learn more about what’s being done to prevent fraud and scams of older individuals at our 4/3 virtual event. bit.ly/43w9WGM

The National Financial Conditions Index (NFCI) decreased to –0.56 in the week ending March 22, suggesting looser financial conditions. #NFCI #economy bit.ly/3SDbgCd

In 2023, Chicago Fed employees served the public good by launching FedNow, reopening our Money Museum, enacting an emergency bank lending facility, and more. Learn more about our efforts in the latest annual report. bit.ly/3PDLQEe

Join experts on April 3 to hear about the research, policy, and strategies related to the prevention of elder financial exploitation, including opening remarks from President Austan Goolsbee. Join us virtually: bit.ly/3PmN86C

'We're going to get to two percent,' Chicago Fed President Austan Goolsbee tells Jennifer Schonberger on inflation. 'We've always known it's going to take place over time. As I say, we're in this murky period where we've got to strike a balance of the dual mandate.'