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We serve the public by pursuing a growing economy and stable financial system that work for all of us.

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Monetary Policy

We are one of the 12 districts of the U.S. central bank and, as such, our president is a member of the Federal Open Market Committee, which sets the federal funds rate. Monetary policy is at the core of our research and expert insights.
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Neel Kashkari
Neel Kashkari at the Wharton Private Equity and Venture Capital Alumni Forum
Neel Kashkari | President and Chief Executive Officer
Speech on April 7, 2021
Speech
Working Papers
Inferring Inequality with Home Production
Job Boerma | University of Wisconsin-Madison Loukas Karabarbounis | Consultant
March 31, 2021
Research
Working Papers
Priors and the Slope of the Phillips Curve
Callum Jones | Board of Governors of the Federal Reserve System Mariano Kulish | University of Sydney Juan Pablo Nicolini | Senior Research Economist and Universidad Torcuato Di Tella
March 17, 2021
Research
Staff Reports
Lumpy Durable Consumption Demand and the Limited Ammunition of Monetary Policy
Alisdair McKay | Senior Research Economist Johannes F. Wieland | University of California, San Diego and NBER
February 16, 2021
Research
Staff Reports
Star Wars at Central Banks
Adam Gorajek | Reserve Bank of Australia Joel Bank | Reserve Bank of Australia Andrew Staib | University of New South Wales Benjamin A. Malin | Senior Research Economist Hamish Fitchett | Reserve Bank of New Zealand
February 11, 2021
Research
Institute paper key images
Monetary Policy and Racial Inequality
Alina K. Bartscher | University of Bonn Moritz Kuhn | University of Bonn, CEPR, and IZA Moritz Schularick | Federal Reserve Bank of New York, University of Bonn, and CEPR Paul Wachtel | New York University Stern School of Business
February 4, 2021
Research
The Federal Reserve Bank of Minneapolis building and logo
Neel Kashkari at 2020 Rochester Chamber Economic Summit
Neel Kashkari | President and Chief Executive Officer
Speech on December 4, 2020
Speech
key image
A history of excess, crises, and stagnation
Douglas Clement | Managing Editor
October 15, 2020
Article
The Federal Reserve Bank of Minneapolis building and logo
NYU Stern Fireside Chat with Neel Kashkari
Neel Kashkari | President and Chief Executive Officer
Speech on October 15, 2020
Speech
Staff Reports
Is There a Stable Relationship between Unemployment and Future Inflation?
Terry J. Fitzgerald | Vice President & Assistant Director, Economic Analysis Callum Jones | Board of Governors of the Federal Reserve System Mariano Kulish | University of Sydney Juan Pablo Nicolini | Senior Research Economist and Universidad Torcuato Di Tella
October 7, 2020
Research
Neel Kashkari
Capital Markets and Banking Regulation
Neel Kashkari | President and Chief Executive Officer
Speech on September 18, 2020
Speech
Key image for 'Why I dissented'
Why I Dissented: Neel Kashkari
Neel Kashkari | President and Chief Executive Officer
September 18, 2020
Article