Federal Reserve Bank of Kansas City

Title card for an Economic Bulletin titled "A Break in the Link Between Gasoline Prices and Inflation Expectations" by Jason P. Brown, Vice President and Economist. The design includes abstract line patterns and a small photo of the author.

Gas prices & consumers’ #inflation expectations are often linked. In 2025, however, that link broke. KC Fed Researcher Jason P. Brown found that gas prices declined while inflation expectations increased with the prospects of higher prices coming from tariffs. https://bit.ly/4cJuDFU
#EconSky

Economic bulletin titled "Mass Layoffs Can Disproportionately Disrupt Small Communities" with a headshot of John McCoy, Associate Economist.

The recent closure of a meatpacking plant in Lexington, Neb. led to sizable layoffs. How will this affect Dawson County?

Researcher John Mcoy finds that mass layoffs in similar communities have had severe and persistent effects on employment and out-migration. https://bit.ly/4b9ZhXN

🏭 New #manufacturing data:

> Nondurable manufacturing activity declined while durable manufacturing rose.

> Production & new order indexes grew.

> Most year-over-year indexes were positive.

Read selected comments in these slides. Find full report at https://bit.ly/3ZY5Syo

#EconSky

🍎 #Teachers → From lessons on monetary policy to tips for building a budget, you can find hundreds of free educational resources from the Federal Reserve at https://bit.ly/47gPIo5. #TeacherSky

To avoid prolonging the inflationary effects of a temporary economic shock, researchers have found that policymakers may need to consider #inflation persistence as an outcome of monetary policy. https://bit.ly/4qxa5E4

#Economy

🍎 Heads up #KansasCity, Homeschool Day at our Money Museum is coming! Feb. 25 at 1:00 pm

A great field trip: • Hands-on activity • Tour • All ages • Free • No registration required

More info: https://bit.ly/3jmD5zp

Drop a 🙋 if you're coming & share this with your homeschool community! #KCsky

Close-up view of the corner of a $1 U.S. banknote.

It's Fed #FactFriday: The designs on U.S. currency are an interagency effort between the Federal Reserve, the U.S. Treasury's Bureau of Engraving and Printing, and the U.S. Secret Service. The Secretary of the Treasury has final approval of designs of Federal Reserve notes. 🎨 #DidYouKnow

📈 Fraud losses hit $12.5B in 2024 — up 25% from 2023. Scammers are getting more creative with AI, social media & apps. Watch this video for insights on:

✅ The most costly #scams

✅ A fraud victim's lessons learned

How do you think the #payments industry can help fight fraud? https://bit.ly/3XAel9P

❓ A common question we hear in our Money Museum: "How do you catch counterfeiters?"

The answer: We don't. (But the Secret Service does!) Check out our infographic for a little more history on that.

You can visit the our Money Museum M-F 9:30 am-4pm CT, free admission: https://bit.ly/3jmD5zp

If you're coming to #KansasCity for spring break, add the Money Museum to your list.

💲 Free admission, no tickets required

💲 You can take your picture next to $40 million

💲 The @kcstreetcar.org stops near by

Share this with someone planning a Kansas City trip! https://bit.ly/3jmD5zp

Is #AI ushering in a new U.S. productivity chapter?

Kansas City Fed researchers find that industry data suggest the pickup is not yet broad-based: A small set of industries accounts for most gains. https://bit.ly/4rfm3mC

Kansas City Fed Economist Emily Pollard examined why enrollment has declined at community colleges. 🎓

She found that a strong job market seems to be keeping workers in the labor force. Decreased returns to an associate degree may also be a factor. https://bit.ly/4bEjpSO

#EconSky #HigherEd

🍎 Heads up #KansasCity, Homeschool Day at our Money Museum is coming! Feb. 25 at 1:00 pm

A great field trip: • Hands-on activity • Tour • All ages • Free • No registration required

More info: https://bit.ly/3jmD5zp

Drop a 🙋 if you're coming & share this with your homeschool community! #KCsky

A world globe covered in stacks of $100 U.S. banknotes.

It's Fed #FactFriday: It is estimated that between one-half to two-thirds of the value of all U.S. currency in circulation is outside of the U.S. 💰 #DidYouKnow

Small towns can see a big economic impact from byways. 🛣️

Studies have shown that when a byway is well-promoted, it can generate between $250,000 to $450,000 per year in visitor spending for a small town.

More helpful info and strategies in this report: https://bit.ly/4kGE6Qs #Route66

🆕 MONTHLY DATA MEASURES 📏

Our new Model-Based Natural Rate of Interest and Natural Unemployment Rate provides policymakers with more timely data on labor markets and the stance of monetary policy. https://bit.ly/4bQJ3DZ #EconSky #PolicySky

💡 ECON DATA ANALYSIS:

Over the past year, Kansas City Fed's Measure of Policy Rate Skew has reached historically low levels, indicating that investors see greater downside risk around the path of #InterestRates. https://bit.ly/4qwRpnV #EconSky

🔔 NEW KC FED RESEARCH:

To avoid prolonging the inflationary effects of a temporary economic shock, researchers have found that policymakers may need to consider inflation persistence as an outcome of monetary policy. https://bit.ly/4qxa5E4

#EconSky #MonetaryPolicy

Today at the Albuquerque Museum, Kansas City Fed President and CEO Jeff Schmid spoke on #MonetaryPolicy and his economic outlook with the Economic Forum of #Albuquerque.

Read his full remarks here: https://bit.ly/3MhcAw7 #EconSky

📈 Fraud losses hit $12.5B in 2024 — up 25% from 2023. Scammers are getting more creative with AI, social media & apps. Watch this video for insights on:

✅ The most costly #scams

✅ A fraud victim's lessons learned

How do you think the #payments industry can help fight fraud? https://bit.ly/3XAel9P

🍎 Heads up #KansasCity, Homeschool Day at our Money Museum is coming! Feb. 25 at 1:00 pm

A great field trip: • Hands-on activity • Tour • All ages • Free • No registration required

More info: https://bit.ly/3jmD5zp

Drop a 🙋 if you're coming & share this with your homeschool community! #KCsky

📢New Research:

Economist Emily Pollard examined what is behind the declining enrollment at community colleges. She found that a strong job market seems to be keeping workers in the labor force. Decreased returns to an associate degree may also be a factor. https://bit.ly/4bEjpSO #EconSky #HigherEd

Close-up view of the design on the ten-dollar U.S. bill.

It's Fed #FactFriday: Federal Reserve banknotes are a blend of 25% linen and 75% cotton. Currency paper has tiny red and blue synthetic fibers of various lengths evenly distributed throughout the paper. 💵 #DidYouKnow

🚜 A look at farm loan activity in Q4 2025:

- Farmers took out more loans for operating expenses, and the loan sizes were larger.

- This is due to higher farm production costs.

- Payback periods got longer.

- Farm loan interest rates dropped. https://bit.ly/46pezoK

📢 New Data Tool:

Kansas City Fed researchers have developed 2 new monthly measures to provide more timely estimates of the tightness of labor markets and stance of monetary policy. 📊 https://bit.ly/4bQJ3DZ #EconSky

2025 saw more bank mergers involving community banks. (127 mergers total, the most since 2021.) The margin gap may explain why.

Sellers:
ROAA 0.6%
Loan growth 0.5%
Core deposit growth 0.4%

Buyers:
ROAA 1.1%
Loan growth 4.7%
Core deposit growth 3.8%

Full report: https://bit.ly/3NKfJVD #Banking

AI could reshape agriculture, but impacts may vary by region.

Row-crop states (Midwest/Plains): fewer workers → more jobs AI could enhance. Specialty-crop states (CA/FL): more labor needed → smaller AI gains.

Know someone interested in the future of ag? Share this resource. https://bit.ly/48wnmY7

Text reads: 'Beige Book: Labor Markets' with a photo showing a group of professionals working and collaborating in a modern office setting.

From the latest Beige Book:

In the Tenth District, labor markets improved, with turnover easing, labor productivity improving, and continued high labor absorption. https://bit.ly/3vuGKkJ

J. Roger Guffey, former president of the Federal Reserve Bank of Kansas City

It's Fed #FactFriday: J. Roger Guffey, the 7th president of the Kansas City Fed, served 3 years with U.S. Army intelligence in Germany in the 1950s. ⌛ #History

If you're coming to #KansasCity for spring break, add the Money Museum to your list.

💲 Free admission, no tickets required

💲 You can take your picture next to $40 million

💲 The @kcstreetcar.org stops near by

Share this with someone planning a Kansas City trip! https://bit.ly/3jmD5zp