Data on Investment Discussed by Researchers at Federal Reserve Bank (Inflationary Impacts of Penny and Nickel Elimination): Investment

2025 OCT 15 (NewsRx) -- By a News Reporter-Staff News Editor at Chemicals & Chemistry Daily Daily -- Data detailed on Investment have been presented. According to news reporting originating from Atlanta, Georgia, by NewsRx editors, the research stated, “The paper investigates the inflationary implications for payments made in cash after removing the lowest and separately the second-lowest denomination coins from circulation in the United States.”

Our news editors obtained a quote from the research from Federal Reserve Bank, “To obtain lower and upper bounds on cash inflationary or deflationary impacts, the computations utilize: (i) three rounding methods (symmetric, upward, and downward), and (ii) full dataset versus a restricted dataset (containing only the payments that must be rounded). Inflationary impacts on cash payments are computed both in aggregate and also separately according to 21 payment/merchant categories.”

According to the news editors, the research concluded: “The study also explores merchants’ potential income loss from rounding down cash payments.”

This research has been peer-reviewed.

For more information on this research see: Inflationary Impacts of Penny and Nickel Elimination. Journal of Regulatory Economics, 2025. Journal of Regulatory Economics can be contacted at: Springer, Van Godewijckstraat 30, 3311 Gz Dordrecht, Netherlands. (Springer - www.springer.com; Journal of Regulatory Economics - http://www.springerlink.com/content/0922-680x/)

The news editors report that additional information may be obtained by contacting Oz Shy, Federal Reserve Bank, Dept. of Research, 1000 Peachtree St NE, Atlanta, GA 30309, United States.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1007/s11149-025-09496-7. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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