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Is It Time to Add Food-at-Home Inflation to Measures of Core Inflation?

Food-at-home inflation has become less volatile over time and could be added to measures of core inflation with few drawbacks.

What we do:

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 speech, "Remarks on Banking Policy and the Economic Outlook."

Learn More About the Federal Reserve's Mission

The Federal Reserve System is made up of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up our nation's central bank.

June 04, 2025

Tenth District Beige Book

Tenth District Summary for Beige Book.

June 10, 2025

Labor Market Conditions Indicators

The level of activity declined by 0.05, from 0.31 to 0.26, though it remains above its...

June 03, 2025

Highlight: Community banks show shortening time deposit maturities

Time deposits with shorter maturities experienced robust growth in the increasing interest rate environment but have...

Financial Constraints Among Buy Now, Pay Later Users

Consumers who make late payments on buy now, pay later loans tend to have several financial constraint indicators.

June 11, 2025

The KCFSI suggests financial stress decreased significantly in May

The Kansas City Financial Stress Index (KCFSI) decreased significantly from 0.05 in April to -0.52 in May, returning below its...

June 04, 2025

Gradual Deterioration in Agricultural Credit Conditions Continues

Agricultural credit conditions deteriorated in the first quarter of 2025 and farm real estate values softened in some regions, according to the Federal Reserve Surveys of Agricultural Credit...

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Events

Jul

Community Reinvestment Act (CRA) Basics: Understanding the CRA and How it Might Benefit Your Organization

11:30 a.m. – 2:00 p.m. , CDT Omaha, NE

Basic overview of the Community Reinvestment Act (CRA) and how to leverage the banking regulation.

Sep

Investment Connection - Colorado 2025

11:30 a.m. – 1:45 p.m. , MDT

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

Sep

Digital Access Research Forum

Multi-day event, September 16 – 18 Federal Reserve Bank of Kansas City  Kansas City, Missouri

The forum will highlight the latest research on digital access, as well as emerging methodologies and best practices in the sector.

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About the Kansas City Fed

The Federal Reserve Bank of Kansas City is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up our nation's central bank.

Our Mission