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Interest Rates and Nonbank Market Share in the U.S. Mortgage Market

Differences in business models help explain how banks gain market share from nonbanks when interest rates are high.

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We work in the public’s interest by supporting economic and financial stability.

Jeffrey Schmid
President and Chief Executive Officer

Click here to read his latest remarks, "Resolutions for a New Year."

Did Card-Present Fraud Rates Decline in the United States After the Migration to Chip Cards?

The U.S. payment industry began migrating to EMV chip-card technology in the mid-2010s to mitigate card-present fraud, especially counterfeit fraud. However, for non-prepaid debit card...

Payments System Research Briefing

Labor Productivity Gains Reflect Innovation-Driven Growth

Timely economic data curated by research staff at the Federal Reserve Bank of Kansas...

Kansas City Fed Policy Rate Skew

The Kansas City Fed’s Measure of Policy Rate Skew (KC PRS) is a daily measure of how...

The KCFSI suggests financial stress increased slightly in January

The Kansas City Financial Stress Index (KCFSI) increased slightly from -0.80 in December to -0.78 in January, remaining below...

Kansas City Financial Stress Index

The KC Fed LMCI suggests the level of activity and momentum were little changed in January

The level of activity was little changed at 0.61, remaining above its historical average. Meanwhile, the momentum indicator...

Labor Market Conditions Indicators

Labor Market Cooling Has Been Uneven Across Industries

The U.S. labor market has cooled over the last two years but remains healthy overall. However, an industry-specific version of...

Economic Bulletin

Money Museum Educational Programming

Learn about the Money Museum's current educational opportunities for students and visitors.

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Events

Investment Connection Kansas City Metro Area 2025

, CST

Presentations on eight new and existing community and economic development proposals from across the Kansas City Metro Area will be shared.

2025 Midwest Anti-Money Laundering Conference

Multi-day event,

This annual outreach event brings together financial institutions and federal and state law enforcement personnel to discuss current and emerging Bank Secrecy Act/ Anti-Money Laundering (BSA/AML) industry topics.

Investment Connection - Nebraska 2025

, CST Lincoln, NE

Presentations on eight new and existing community and economic development proposals from across Nebraska will be shared.

More events