The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of...
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Transcript of The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of...
![Page 1: The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of Research Federal Reserve Bank of St. Louis February 25, 2004.](https://reader036.fdocuments.in/reader036/viewer/2022070404/56649f345503460f94c524f0/html5/thumbnails/1.jpg)
The Lazy Practitioner’s Guide to Exploiting the Fed’s Data
Resources
Bob RascheDirector of Research
Federal Reserve Bank of St. Louis
February 25, 2004
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1 Where to get prepared materials?– National Economic Trends
• <http://research.stlouisfed.org/net/>
– Monetary Trends• <http://research.stlouisfed.org/mt/>
– International Economic Trends• <http://research.stlouisfed.org/iet/>
– US Financial Data (weekly)• <http://research.stlouisfed.org/usfd/>
2 Where to get data? -- FRED• <http://research.stlouisfed.org/fred2/>
3 How to convert data into your own pictures, slides or presentations
![Page 3: The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of Research Federal Reserve Bank of St. Louis February 25, 2004.](https://reader036.fdocuments.in/reader036/viewer/2022070404/56649f345503460f94c524f0/html5/thumbnails/3.jpg)
Part 1
Retrieving Prepared Materials
![Page 4: The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of Research Federal Reserve Bank of St. Louis February 25, 2004.](https://reader036.fdocuments.in/reader036/viewer/2022070404/56649f345503460f94c524f0/html5/thumbnails/4.jpg)
1. Set magnification
2. Select Graphics Tool
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• Magnification in Acrobat should be set prior to using the graphics tool
• Magnification should be chosen to produce the graphic you want without much change in size. For full PowerPoint slides:– IET, NET,MT 1/2 width graphs ~ 300%– USFD (full page) ~ 100%
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3. Copy the selected area to the clipboard
![Page 7: The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of Research Federal Reserve Bank of St. Louis February 25, 2004.](https://reader036.fdocuments.in/reader036/viewer/2022070404/56649f345503460f94c524f0/html5/thumbnails/7.jpg)
• Inflation and Prices– Page 9 (PDF 45k) --
Short-run View (175 % magnification
• Use Graphics Select Tool from Acrobat to define image
• Edit/copy on Acrobat Menu
• Go to Powerpoint slide
• Edit/Paste
4. Paste Selection into Powerpoint slide
![Page 8: The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of Research Federal Reserve Bank of St. Louis February 25, 2004.](https://reader036.fdocuments.in/reader036/viewer/2022070404/56649f345503460f94c524f0/html5/thumbnails/8.jpg)
Example: NET @ 300%
![Page 9: The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of Research Federal Reserve Bank of St. Louis February 25, 2004.](https://reader036.fdocuments.in/reader036/viewer/2022070404/56649f345503460f94c524f0/html5/thumbnails/9.jpg)
Example: USFD @ 125%
![Page 10: The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of Research Federal Reserve Bank of St. Louis February 25, 2004.](https://reader036.fdocuments.in/reader036/viewer/2022070404/56649f345503460f94c524f0/html5/thumbnails/10.jpg)
Example: USFD @ 150%
![Page 11: The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of Research Federal Reserve Bank of St. Louis February 25, 2004.](https://reader036.fdocuments.in/reader036/viewer/2022070404/56649f345503460f94c524f0/html5/thumbnails/11.jpg)
Example: NET @ 125%
• National Economic Trends– Inflation and Prices
• Page 8 (PDF 113k) -- Long-run View (175% magnification
![Page 12: The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of Research Federal Reserve Bank of St. Louis February 25, 2004.](https://reader036.fdocuments.in/reader036/viewer/2022070404/56649f345503460f94c524f0/html5/thumbnails/12.jpg)
Part 2
Where to get Data?
![Page 13: The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of Research Federal Reserve Bank of St. Louis February 25, 2004.](https://reader036.fdocuments.in/reader036/viewer/2022070404/56649f345503460f94c524f0/html5/thumbnails/13.jpg)
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Two Choices of Data Format
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Part 3
From Data to your own Pictures, Slides or Presentations
![Page 17: The Lazy Practitioner’s Guide to Exploiting the Fed’s Data Resources Bob Rasche Director of Research Federal Reserve Bank of St. Louis February 25, 2004.](https://reader036.fdocuments.in/reader036/viewer/2022070404/56649f345503460f94c524f0/html5/thumbnails/17.jpg)
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Caution: Data Lists are downloaded in Zipped format -- requires Winzip
utility
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Ln(M2minus Velocity) vs Interest Rate Spread
0
0.2
0.4
0.6
0.8
1
1.2
1.4
0 2 4 6 8 10 12
Rate Spread
ln(v
elo
city
)
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