Fiscal Intelligence

Fiscal analysis that enables educators, small business owners, and community organizers to make informed decisions.

Month: March, 2016

Immigrants and Billion Dollar Startups

“Examining the stories of successful startup businesses finds each co-founder often brings something special to the table that allowed the company both to get off the ground and then thrive.”

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BIS Quarterly Review– March 2016

“In real terms, the US policy rate had been negative since 2008 (Graph 1, left-hand panel). The Federal Open Market Committee (FOMC) signalled that the shortfall of inflation below its 2% objective, and uncertainty surrounding economic conditions more broadly, were expected to warrant only gradual increases in the federal funds rate. Nonetheless, the decision marked a turning point in an era of extraordinary monetary accommodation.”