Diane Keaton’s $5M pet trust would be over the top if reports prove true – here’s how to ensure your beloved pet is safe after you are gone
Diane Keaton loved her dog, Reggie.
Minutes of the CBDC Engagement Forum - May 2025
Meeting of the CBDC Engagement Forum
Bessent Plans to Attend Tariff Arguments at the Supreme Court
Treasury Secretary Scott Bessent dismissed the idea that his presence could be seen as an attempt to intimidate the court on a case that President Trump considers vital to his economic policy.
Developing distributional national accounts: first attempt to estimate a joint distribution for income and wealth for the euro area
In recent years, projects have sought to embed distributional aspects within national accounts, with household distributional information set to feature in the next System of National Accounts. There is growing emphasis on capturing all material dimensions of welfare—income, consumption, and wealth—at both macro and micro levels within a unified framework.
Reputation for Confidence
We model how a central bank communicates its noisy forecasts (forward guidance) while taking into account its own uncertainty (confidence) and the public’s perception of the bank’s uncertainty (reputation for confidence). This creates a mismatch between the public and central bank’s interpretation of the bank announcement which induces the bank to communicate with partial transparency and deliberate imprecision. Moreover, with higher confidence (lower reputation) announcements are more precise.
Developing distributional national accounts: first attempt to estimate a joint distribution for income and wealth for the euro area
In recent years, projects have sought to embed distributional aspects within national accounts, with household distributional information set to feature in the next System of National Accounts. There is growing emphasis on capturing all material dimensions of welfare—income, consumption, and wealth—at both macro and micro levels within a unified framework.
Reputation for Confidence
We model how a central bank communicates its noisy forecasts (forward guidance) while taking into account its own uncertainty (confidence) and the public’s perception of the bank’s uncertainty (reputation for confidence). This creates a mismatch between the public and central bank’s interpretation of the bank announcement which induces the bank to communicate with partial transparency and deliberate imprecision. Moreover, with higher confidence (lower reputation) announcements are more precise.
This Trillionaire Economy Thrived in a Global Order Trump Is Ditching
Poland and other countries across Europe that found economic success in an era of collaboration are now facing a crumbling of international alliances.
Are Wealth Taxes the Best Way to Tax the Ultra Rich?
Plans for a wealth tax, which is dividing France, have gotten popular around the world as inequality has widened and government debt has risen.
Will Trump’s Tariff Deal Tilt the Playing Field Back Toward China?
The president’s trade truce with China has lowered U.S. tariffs to a level that could pause a longer-term effort to reduce America’s dependence on Beijing.
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