Latest Research

The Changing Cyclicality of Labor Force Participation

By Willem Van Zandweghe
August 09, 2017
Economic Review The labor force participation rate has become more sensitive to the business cycle.

Trend and Uncertainty in the Long-Term Real Interest Rate: Bayesian Exponential Tilting with Survey Data

By Taeyoung Doh
July 28, 2017
Research Working Paper New estimates of trend inflation and interest rates suggest the economy has not permanently shifted to a low-growth and low-inflation regime.

Farm Lending Steady, but Risks Remain

By Nathan Kauffman and Matt Clark
July 14, 2017
Agricultural lending at commercial banks was steady in the second quarter.

Subsiding Headwinds from the Strong Dollar: Evidence from Producer Prices along the Supply Chain

By George A. Kahn and Nicholas Sly
July 13, 2017
The Macro Bulletin The foreign exchange value of the U.S. dollar has stabilized, and producer prices are rising, especially at early stages of the supply chain.

Forward Guidance, Monetary Policy Uncertainty, and the Term Premium

By Brent Bundick, A. Lee Smith and Trenton Herriford
July 12, 2017
Research Working Paper Forward guidance about future monetary policy can materially affect term premia in bond markets, even without large-scale asset purchases.
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Economic Review

The Economic Review is a quarterly research publication with articles by Kansas City Fed staff on macroeconomics and monetary policy, regional and international economics, banking, financial markets, and payments systems.

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