NY Fed’s New Dashboard Finds That Economic Risks Are Still High

Inflation is moderating as interest rates rise and financial conditions tighten, but the risks of slower economic activity and a higher unemployment rate are still elevated, according to new research from the Federal Reserve Bank of New York.

In a blog post published Wednesday, New York Fed researchers unveiled a new dashboard of metrics gauging how the economic outlook is evolving as financial conditions change and how they compare to previous monetary policy cycles. Researchers will update the metrics monthly.

“Recent banking stresses remind us that financial conditions can evolve rapidly and directly affect the likely set of outcomes for ...