WP 22-39/R – Improving fairness across policy domains often comes at a cost. However, as machine learning (ML) advances lead to more accurate predictive models in fields like lending, education, healthcare, and criminal justice, policymakers may find themselves better positioned to implement effective fairness measures.

WP 24-17 – Survey after survey indicates that building savings and reducing debt are among the top financial goals for many Americans. However, because of limited resources and inherent trade-offs, achieving these two goals can be challenging and often requires prioritizing one goal over the other.

CFI in Focus – In July 2022, the Federal Reserve Bank of Philadelphia began publishing a new quarterly series of large bank credit card and mortgage data, also known as Public Y-14 data. The data come from regulatory reporting that the largest banks in the country are required to submit, based on asset and portfolio thresholds.