The summary of economic conditions provides the context behind a discount rate recommendation. Current labor market conditions and an assessment of inflationary pressures are typically reviewed.
In addition, the economic conditions may offer perspectives on industry-level developments, such as housing, and reviews financial market conditions, as well as highlights longer-term trends affecting the economic outlook.
View our monthly national outlook report.
The views expressed are those of the authors and do not necessarily reflect the positions of the Federal Reserve Bank of Kansas City or the Federal Reserve System.