Costs of Rising Uncertainty

Juan M. Londono, Sai Ma and Beth Anne Wilson
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Beth Anne Wilson: https://www.federalreserve.gov/econres/beth-anne-wilson.htm

No 2025-04-24-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: At many times over the past five years, uncertainty regarding economic and financial conditions, geopolitical risks, and policy outcomes has been remarkably elevated. Since 2019, selected measures of these uncertainties for the United States, shown in figure 1, have reached their highest levels in decades, with the latest surge coming from economic and trade policy uncertainty (EPU and TPU, respectively).

Date: 2025-04-24
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2025-04-24-1

DOI: 10.17016/2380-7172.3779

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