Federal Reserve Bank of Atlanta’s Post

In the cybersecurity world, it’s "if," not "when," regarding cyberattacks. Read Take On Payments for a speaker’s firsthand experience during a presentation on payments and cybersecurity. https://atlfed.org/3LAveLj

"At the Fed, we focus on economic mobility and resilience. That means helping everyone be able to participate in our economy, and the Beltline partnership appeals to me because of that." Atlanta Fed first vice president and chief operating officer Andre Anderson shares with Rob Brawner, MBA what his experience volunteering with the Atlanta Beltline Partnership means to him. Watch the full video to learn more about #ConnectingCauses and the Atlanta Fed's commitment to community service: https://atlfed.org/3SfbTDo

There's a good chance that something you purchased at a store passed through a port before it reached you. The new Economy Matters quiz tests your knowledge of some key regional ports, which have become a linchpin of the national and global economies. https://atlfed.org/3y1kB13

This week, the Atlanta Fed held a retirement celebration (or, as he would say, a kickoff celebration) for First Vice President Andre Anderson. Friends, family, and colleagues gathered to celebrate André’s 40 years of service to what he believes is “the most powerful public service institution in the country.” Guests reflected on André’s impact as a leader, mentor, and friend, offering deepest appreciation for all he’s done and his years of dedication. André shared stories about his time with the Bank, illustrating his journey throughout the entire Fed System from Birmingham to the Board of Governors. He shared the poem “Drinking from My Saucer” by John Paul Moore to highlight his overflowing gratitude and capped his remarks with encouragement: “My challenge to each of you is to leave it [the Fed] better than you found it.” President Raphael Bostic concluded the event by addressing André: “You said in your remarks that the one hope you had was that this place was better off than when you started. And you said history would be the judge. Well, in my view, history has already judged. It’s already done.” Congratulations to André, who begins his next chapter on August 1.

What can be done to help residents of revitalizing neighborhoods stay in their homes? This Economy Matters article looks at how Jacksonville, Florida, is working to ensure an adequate supply of affordable housing for low- and middle-income households. https://atlfed.org/4f6j3U1 #EveryonesEconomy

In this episode of the Economy Matters podcast, Atlanta Fed housing expert Domonic D. Purviance discusses factors at work in residential real estate including interest rates, housing supply, and regional trends in affordability. https://atlfed.org/4cPHmUM

Nearly two dozen organizations joined the Atlanta Fed’s CLIFF tools national pilot. CLIFF tools help workers make more informed financial decisions about job training and employment in the context of public assistance loss. Read this Partners Update for analysis of their feedback and insights on adoption strategies for the benefits cliff calculator. #EveryonesEconomy https://atlfed.org/3WdO4gp Authors: Brittany Birken, John Rees, Alex Ruder, and Ellyn Terry

Firms’ inflation expectations for the coming year are relatively unchanged at 2.4 percent. Sales levels and profit margins compared to "normal times" decreased, according to the Atlanta Fed’s latest Business Inflation Expectations survey. https://atlfed.org/4cIj3YM

Economic activity across the Southeast was largely unchanged during late May and June compared to the previous six-week period, according to the Federal Reserve Bank of Atlanta’s new Beige Book. Labor markets and wage pressures continued to ease, cost growth slowed, and worker availability and turnover improved. https://atlfed.org/4f719jY #EveryonesEconomy #housing #realestate #trucking #logistics #manufacturing #energy #farming #agriculture #livestock #poultry #banking