The Economic Review is a quarterly research publication with articles by Kansas City Fed staff on issues of relevance to the Federal Reserve, including macroeconomics and monetary policy, regional and international economics, banking, financial markets, and payments systems.
By
Taeyoung Doh,
Sungil Kim and Shu-Kuei Yang
In FOMC statements, qualitative descriptions of economic conditions can affect bond prices as much as quantitative information.
By
Jordan Rappaport
Policymakers face several issues in reforming the current system of mortgage finance toward one in which the government plays a less direct role.
By
Qian Chen, Christoffer Koch, Gary Richardson and Padma Sharma
Preventing the suspension of bank deposits during recessions may also prevent longer-term economic losses.
By
Karlye Dilts Stedman
Expansionary spillovers from foreign central banks may have weighed down long-term interest rates in the United States since 2015.
By
David Rodziewicz
and Jacob Dice
Farmer losses from extreme drought represent an economically relevant share of crop production values, and may increase in coming decades as global temperatures rise.
By
Fumiko Hayashi and Ying Lei Toh
Consumers who are younger, higher income, college-educated, or employed are the most ready to benefit from faster payments.
By
Jun Nie
and Akshat S. Gautam
Older households have faced slightly higher inflation rates than younger households over the past 40 years, though this gap is narrowing.
By
Fumiko Hayashi
Even after migrating to chip card technology, the United States has a significantly higher in-person fraud rate than other countries.
By
Kelly D. Edmiston
Fewer residents in low- and moderate-income communities are working compared with higher-income areas, due in large part to employment barriers.
In July 2019, the Federal Reserve Bank of Kansas City hosted a symposium titled “Exploring Agriculture’s Path to the Long Term.” Esther L. George, the Bank’s President and Chief Executive Officer, notes both positive trends and challenges facing the agricultural sector today and in the future.
By
Ani L. Katchova and Ana Claudia Sant’Anna
While several indicators suggest that a repeat of the 1980s farm crisis is unlikely, the length of the current agricultural downturn may take a toll.
By
Seth Meyer and Joe Glauber
A growing population, evolving food and fuel consumption, and trade with China and other parts of the world will all influence U.S. agriculture over the next decade.
By
Rosamond L. Naylor
Changes in global food and fuel demand, the effects of climate change, and regional depletion of groundwater resources for irrigation create uncertainty for U.S. farmers.
By
Michael Gunderson
To be successful in the future, agricultural producers will need to take leadership as production conditions, the climate, and technologies evolve.