Recent Research

The KC Fed LMCI suggests the level of activity increased in August while momentum decelerated

September 10, 2020 | Labor Market Conditions Indicators
The KC Fed LMCI suggests the level of activity increased in August while momentum decelerated.

Payments Crises and Consequences

By Qian Chen, Christoffer Koch, Gary Richardson and Padma Sharma
September 03, 2020 | Research Working Paper
Novel econometric analysis using U.S. state-level data shows that payments suspensions during banking crises lengthen and deepen downturns.

Did the Federal Reserve Break the Phillips Curve? Theory and Evidence of Anchoring Inflation Expectations

By Brent Bundick and A. Lee Smith
September 03, 2020 | Research Working Paper
Communicating a longer-run inflation objective better anchored inflation expectations in the United States, which may explain the weaker relationship between inflation and unemployment in recent years.

Forecasting U.S. Economic Growth in Downturns Using Cross-Country Data

By Yifei Lyu, Jun Nie and Shu-Kuei X. Yang
September 02, 2020 | Research Working Paper
Incorporating cross-country data helps forecast U.S. GDP growth in economic downturns.

COVID-19 Poses Risks for State and Local Public Pensions

By Alison Felix
August 19, 2020 | Economic Bulletin
The current crisis may further strain public pension funding, which has not yet fully recovered from past recessions.

Economic Review

What to Do about Fannie and Freddie: A Primer on Housing Finance Reform

By Jordan Rappaport
July 09, 2020 | Economic Review
Policymakers face several issues in reforming the current system of mortgage finance toward one in which the government plays a less direct role.

Reshuffling in Soybean Markets following Chinese Tariffs

By Cortney Cowley
June 18, 2020 | Economic Review
Chinese tariffs on U.S. soybeans could reduce the global competitiveness of U.S. soybeans in the longer term.

Mobile Banking Use and Consumer Readiness to Benefit from Faster Payments

By Fumiko Hayashi and Ying Lei Toh
April 17, 2020 | Economic Review
Consumers who are younger, higher income, college-educated, or employed are the most ready to benefit from faster payments.

Population Turnover and the Growth of Urban Areas

By Jason P. Brown and Colton Tousey
March 26, 2020 | Economic Review
More people are moving to and from large urban areas, leading to faster population growth over time.

Corporate Leverage and Investment

By W. Blake Marsh, David Rodziewicz and Karna Chelluri
February 27, 2020 | Economic Review
Firms with more debt invest less in the future.
Read more Economic Review articles

Main Street Views

View all of our research on macroeconomics, monetary policy, payments, banking, regional and community issues in one location.

Agriculture & the Economy

Insights on agricultural and rural economies regionally and nationally.

Banking, Payments & Financial Markets

Issues affecting the banking and payments industries.

Jackson Hole Economic Policy Symposium

Our annual symposium draws central bankers, policymakers, academics and economists from around the world. The proceedings include papers, commentaries and discussions.
About the Symposium | Archive

The Kansas City Fed Data Curation Initiative

KCDC staff select, evaluate, and present information about data sources to help researchers more easily understand how certain data are created, described, and used.

Monetary Policy & Macroeconomics

Issues of importance to the Federal Reserve, including financial markets, banking, monetary policy and more.

Community Research

Economic issues affecting low- and moderate- income communities, including fair and impartial access to credit.

Regional Research

Economic geography and developments for national monetary policy deliberations.