Another repercussion of Fed rate hikes: The dollar
Interest rates are an effective but blunt policy tool.
September 26, 2022


Education and health services led the slowdown.
October 27, 2026Interest rates are an effective but blunt policy tool.
September 26, 2022
Instead of containing itself to segments of consumer spending affected by the pandemic and supply-chain bottlenecks, inflation is becoming broad-based and thus more persistent.
September 19, 2022
If you’ve been following equity markets these days, you’ll notice they’ve had a pretty bumpy ride.
September 12, 2022
Job growth is important. But so are pay and earnings.
August 30, 2022
Here are three ways the economy has changed Fed policy over the past year.
August 22, 2022
Our national summer heat wave started to cool and we learned that inflation dipped.
August 15, 2022
The economy is running hot this summer, and not just because of the temperature.
August 1, 2022


Nela Richardson, Ph.D.
Chief Economist, ESG Officer, and head of ADP Research
Dr. Nela Richardson is chief economist and ESG officer for ADP Inc. She also leads the independent team at ADP Research, which provides reliable and timely data-driven discovery for use by the public, business leaders, and policymakers.