Paul Wallace

Paul Wallace

@ptwall.bsky.social

Strategic comms @MinneapolisFed. Views are my own. Also active on Threads at https://threads.net/@ptwall.

480 followers1.1K following92 posts

Paul Wallace reposted

Tribes make strategic decisions about how, when, and where to launch enterprises. New Center for Indian Country Development analysis shows that tribes operate businesses in a variety of geographies, from rural to urban areas and on and off tribal lands. https://bit.ly/3TYbCbW

Paul Wallace reposted

Regional Economic Conditions: Ag Credit 11/13, 10-10:45am CT We survey farm lenders across the 9th District quarterly to check the pulse of agriculture in this heavily rural region. Join Joe Mahon for live webinar to discuss latest results Register here: https://bit.ly/4s7U0qB

Paul Wallace reposted

Regional Economic Conditions: Ag Credit 11/13, 10-10:45am CT We survey farm lenders across the 9th District quarterly to check the pulse of agriculture in this heavily rural region. Join Joe Mahon for live webinar to discuss latest results Register here: https://bit.ly/4s7U0qB

Paul Wallace reposted

Our latest #BeigeBook report shares the 5th straight positive reading with overall economic activity up slightly; construction and manufacturing being two bright spots. However, high fuel costs, tariffs, and inflation continue to affect people through the region. Full report: https://bit.ly/4jY0shL

Paul Wallace reposted

Congratulations to Robert E. Hall and Michael Woodford on winning the @nobelprize.org in Economic Sciences. In our 2014 interview with Woodford, he spoke about Fed mandates, effective forward guidance, and cognitive limits in human decision making. Read the interview here: bit.ly/4s2akcn

bit.lyInterview with Michael Woodford | Federal Reserve Bank of MinneapolisColumbia University economist on Fed mandates, <em>effective</em> forward guidance and cognitive limits in human decision making
Nobel Prize@nobelprize.org

BREAKING NEWS The Royal Swedish Academy of Sciences has decided to award the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Robert E. Hall and Michael Woodford “for microeconomic foundations of macroeconomic stabilisation.” #NobelPrize

Paul Wallace reposted

Thanks to Cuc W. for this week's employee photo submission for Views from the Ninth, taken at the headwaters of the Mississippi at Itasca State Park. #Minnesota

Paul Wallace reposted

Did you enter a guess as to how much shredded currency was in the cube at our booth at the MN State Fair? Drumroll please... $361,080.00 If you entered a guess, we'll be contacting the winner by Friday, September 18. Keep an eye on your inbox!

Paul Wallace reposted

Paul Wallace reposted

Economic activity in our district is up. But this time Joe & Ron go deep on the farm sector, where we've been relaying hard times for a while. Researching this latest Beige Book, we heard farmers are making some tough calls just to stay in business. Full #BeigeBook report: https://bit.ly/38gH0aC

Paul Wallace reposted

Remote work rates still vary widely across the country, according to a recent analysis. D.C., MA, & CO have the highest remote rates in the country, while states like MS, AL, & AK have some of the lowest. Haley Chinander explains more about recent remote work trends: https://bit.ly/4fhtLck

Paul Wallace reposted

Ben Bernanke on Alan Greenspan: ‘I was sorry to hear of Alan’s passing. He was a great central banker who helped lead his country through almost two decades of prosperity. I always found him generous with his time and insights. We are still learning from him, even if he is no longer with us.”

Paul Wallace reposted

How are recent policy changes like zoning reforms and rent stabilization affecting Saint Paul’s housing market? Results are mixed, according to data from our new Saint Paul Housing Dashboard—and according to perspectives of property owners and managers. https://bit.ly/4x8zqsl

Paul Wallace reposted

What's up in the Ninth District's economy? Gas/diesel/airfare prices Construction materials like PVC Overall economic activity Construction activity Uncertainty Watch latest #BeigeBook video to hear more about what's up (and down) in our regional economy. Read more: https://bit.ly/38gH0aC

Paul Wallace reposted

In the Midwest we often focus on crops like corn, soybeans, and wheat. But what about sugar beets? In a recent webinar sharing results from our Q1 ag credit survey, a viewer asked Joe Mahon about sugar beets. Here’s what he had to say. (Find the full webinar here: https://bit.ly/3Osbwqn)