Inflation Focus

Experts at the Kansas City Fed have developed a collection of research and resources exploring inflation and its impact on consumers, industries and economies.

In economics, inflation occurs when prices increase rapidly, resulting in a decline of purchasing power.

Keeping prices stable is a primary mission of the Federal Reserve. One way the Kansas City Fed monitors inflation trends is through the work of experts and economists. Below, you’ll find an archive of the Bank’s latest research and resources related to inflation.


49 result(s) found
Article Title Author(s) Date Type
Jose Mustre-del-Rio
Jordan Rappaport
Shu-Kuei X. Yang Expandable Row
March 8, 2024
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Jordan Rappaport
A. Lee Smith
Shu-Kuei X. Yang Expandable Row
March 1, 2024
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Caleb Bray
Jordan Rappaport
Shu-Kuei X. Yang Expandable Row
February 16, 2024
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Shocks, Frictions, and Policy Regimes: Understanding Inflation after the COVID-19 Pandemic

Fiscal and monetary policies likely contributed to the persistent rise in inflation during the post-pandemic period.

Taeyoung Doh
Choongryul Yang Expandable Row
December 22, 2023
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How Optimal Was U.S. Monetary Policy at the Zero Lower Bound?

Forward guidance and large-scale asset purchases effectively offset disinflationary effects from the zero lower bound.

Brent Bundick
Logan Hotz
A. Lee Smith Expandable Row
December 1, 2023
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Jordan Rappaport Expandable Row
November 20, 2023
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Do the Effects of Interest Rate Changes Depend on Inflation?

When inflation is persistently high, the economy reacts to monetary policy more slowly and with more volatility.

Dimitris Christopoulos
Peter McAdam
Elias Tzavalis Expandable Row
November 9, 2023
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Brent Bundick
A. Lee Smith
Luca Van der Meer Expandable Row
September 27, 2023
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Labor Constraints and Strong Demand Are Driving Robust Food Services Inflation

Although headline inflation has slowed in recent months, inflation for core services has remained elevated since the first half of 2021. Inflation for food services in particular has been significantly higher than inflation for goods and other services. We argue that food services inflation has been elevated by the sector’s fast rebound in expenditures and its high dependency on labor amid labor shortages and elevated labor costs.

Francisco Scott
Cortney Cowley Expandable Row
September 27, 2023
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Nida Çakır Melek
Emily Pollard Expandable Row
July 28, 2023
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