Ed Knotek is an Assistant Vice President and Economist with the Federal Reserve Bank of Kansas City. He joined the Economic Research Department in August, 2005. Mr. Knotek received a B.A. in mathematics-economics and Spanish from Denison University. He received his M.A. and Ph.D. in economics from the University of Michigan. Mr. Knotek's research interests focus on price dynamics, in particular the causes and consequences of price rigidity and the interplay between inflation and information.
Farm real estate debt continued to climb and led to a notable increase in agricultural loan balances at commercial banks.
Black individuals earn about one-third less than white individuals over the course of their lifetimes.