Board of Governors of the Federal Reserve System (U.S.) publications Economic research and commentary from Board of Governors of the Federal Reserve System (U.S.) https://fedinprint.org/search?facets[]=provider_literal_array:Board+of+Governors+of+the+Federal+Reserve+System+%28U.S.%29 Sat, 12 Sep 2026 02:32:38 +0000 Exchange Rate Transmission through Multinational Firms: Evidence from Japan https://fedinprint.org/item/fedgif/103753/original https://fedinprint.org/item/fedgif/103753/original Oh, Hyunseung; Ni, Bin; Kim, Ryan; Yang, Choongryul 2026-09-04 102 p. exchange rates; multinational firms; current account; Japan 1446 10.17016/IFDP.2026.1446 International Finance Discussion Papers The Flight to Affordability: Effects of Pandemic Rent Increases on Renters By Geography https://fedinprint.org/item/fedgfe/103752/original https://fedinprint.org/item/fedgfe/103752/original Agnes, Isabella; Shalaan, Fatimah; Liu, Jessica; Tran, Michelle; Webber, Douglas A.; Troland, Erin 2026-09-03 21 p. housing affordability; pandemic housing markets; remote work migration; rental housing 2026-062 10.17016/FEDS.2026.062 Finance and Economics Discussion Series Risks and Uncertainty in Monetary Policy https://fedinprint.org/item/fedgfe/103751/original https://fedinprint.org/item/fedgfe/103751/original West, Mike; Adrian, Tobias; Giannone, Domenico; Luciani, Matteo 2026-09-01 52 p. scenarios; fan charts; growth-at-risk; model uncertainty; Bayesian predictive synthesis 2026-061 10.17016/FEDS.2026.061 Finance and Economics Discussion Series New Forms of Money and the U.S. Monetary Aggregates https://fedinprint.org/item/fedgfn/103750 https://fedinprint.org/item/fedgfn/103750 Payne, Kristen; Styczynski, Mary-Frances 2026-09-04 2026-09-04 10.17016/2380-7172.4150 FEDS Notes Which states are most exposed to tariff increases? A new measure based on the consumption channel https://fedinprint.org/item/fedgfn/103749 https://fedinprint.org/item/fedgfn/103749 Hottman, Colin J.; Monarch, Ryan; Heyman, Nick 2026-09-03 2026-09-03-3 10.17016/2380-7172.4157 FEDS Notes Why Gold Didn't Actually Overtake Treasury Securities as the World's "Favorite" Reserve Asset https://fedinprint.org/item/fedgfn/103747 https://fedinprint.org/item/fedgfn/103747 Weiss, Colin 2026-09-03 2026-09-03-2 10.17016/2380-7172.4147 FEDS Notes Revisiting the Forecasting Potential of Futures Prices https://fedinprint.org/item/fedgfn/103746 https://fedinprint.org/item/fedgfn/103746 Haag, Alex; Tinkham, Amanda; Hottman, Colin J. 2026-09-03 2026-09-03-1 10.17016/2380-7172.4171 FEDS Notes The Economic Outlook and Some Comments on My Policy Communication: A speech at Reuters NEXT Newsmaker Interview, Washington, D.C., September 03, 2026 https://fedinprint.org/item/fedgsq/103735 https://fedinprint.org/item/fedgsq/103735 Waller, Christopher J. 2026-09-03 10 Speech Unlocking Opportunities for Workers and Entrepreneurs with a Criminal Record: A speech at the Second-Chance Lending Forum, Developing Evidence-Based Policy on Creditworthiness and Criminal History, Washington, D.C., September 01, 2026 https://fedinprint.org/item/fedgsq/103724 https://fedinprint.org/item/fedgsq/103724 Barr, Michael S. 2026-09-01 13 Speech Pricing Risk Globally: Intermediary Constraints, the Dollar, and the Global Financial Cycle https://fedinprint.org/item/fedgif/103716/original https://fedinprint.org/item/fedgif/103716/original Akinci, Ozge; Kalemli-Özcan, Ṣebnem 2026-08-31 45 p. financial frictions; time-varying uncertainty; intermediary asset pricing 1445 10.17016/IFDP.2026.1445 International Finance Discussion Papers United States of U-Star https://fedinprint.org/item/fedgfe/103715/original https://fedinprint.org/item/fedgfe/103715/original Rudd, Jeremy B.; Ahn, Hie Joo 2026-07-25 72 p. trend unemployment rate; natural rate of unemployment; unemployment duration; duration dependence; trend-cycle decomposition; nonlinear state space model; extended Kalman filter; Nelson–Siegel model; new-Keynesian Phillips curve 2026-060 10.17016/FEDS.2026.060 Finance and Economics Discussion Series Repo Markets and the Fed's Balance Sheet: Implications for Monetary Policy Implementation https://fedinprint.org/item/fedgfn/103714 https://fedinprint.org/item/fedgfn/103714 Anbil, Sriya; Ruprecht, Romina; Cordes, Lucy; Anderson, Alyssa G. 2026-08-26 2026-08-26-2 10.17016/2380-7172.4069 FEDS Notes A Decade of U.S. Cross-Border Payments Efforts https://fedinprint.org/item/fedgfn/103713 https://fedinprint.org/item/fedgfn/103713 Falcettoni, Elena 2026-08-26 2026-08-26-1 10.17016/2380-7172.4143 FEDS Notes In Our Time: speech at "Financial Innovation: Implications for Payments and Policy," an economic policy symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming., August 28th 2026 https://fedinprint.org/item/fedgsq/103707 https://fedinprint.org/item/fedgsq/103707 Warsh, Kevin M. 2026-08-28 16 Speech Optimal Monetary and Fiscal Policy under Limited Foresight https://fedinprint.org/item/fedgif/103681/original https://fedinprint.org/item/fedgif/103681/original Bodenstein, Martin; Zhao, Junzhu 2026-08-21 36 p. monetary policy; fiscal policy; limited foresight 1444 10.17016/IFDP.2026.1444 International Finance Discussion Papers Characterizing the Conditional Pricing Kernel: A New Approach https://fedinprint.org/item/fedgfe/103680/original https://fedinprint.org/item/fedgfe/103680/original Kim, Hyung Joo 2026-08-24 57 p. 2026-059 10.17016/FEDS.2026.059 Finance and Economics Discussion Series Beyond the Unemployment Rate: A Structural Labor Market Indicator https://fedinprint.org/item/fedgfe/103679/original https://fedinprint.org/item/fedgfe/103679/original Pfajfar, Damjan; Fuentes-Albero, Cristina; Morales-Jimenez, Camilo; Ferrante, Francesco; Chung, Hess T.; Cairó, Isabel 2026-08-20 42 p. search and matching; labor market; labor market slack 2026-058 10.17016/FEDS.2026.058 Finance and Economics Discussion Series Liquidity Transformation Risks in U.S. Bank Loan and High-Yield Mutual Funds: A 2026 Update https://fedinprint.org/item/fedgfn/103678 https://fedinprint.org/item/fedgfn/103678 Baker, Sean; Cai, Fang; George, Logan E.; Larsson, Erik; Anadu, Kenechukwu E. 2026-08-19 2026-08-19 10.17016/2380-7172.4123 FEDS Notes Occupational Complexity, Capital-Skill Complementarity, and the Evolution of U.S. Wage Inequality: A Quantitative Analysis https://fedinprint.org/item/fedgif/103645/original https://fedinprint.org/item/fedgif/103645/original Kambourov, Gueorgui; Caines, Colin C.; Hoffmann, Florian 2026-08-14 112 p. occupational task content; complex tasks; wage polarization; skills 1443 10.17016/IFDP.2026.1443 International Finance Discussion Papers Government bond-backed repo markets: between resilience and vulnerability https://fedinprint.org/item/fedgfe/103647/original https://fedinprint.org/item/fedgfe/103647/original Samarina, Anna; Tamburrini, Fabio; Devigne, Lucas; Mamburu, Mulalo; Banegas, Ayelen; Nikolaou, Kleopatra 2026-08-12 49 p. repo markets; government bonds; vulnerabilities; financial stability 2026-057 10.17016/FEDS.2026.057 Finance and Economics Discussion Series CRE Development Potential and the Selection of Opportunity Zones https://fedinprint.org/item/fedgfe/103646/original https://fedinprint.org/item/fedgfe/103646/original Kurtzman, Robert J.; Glancy, David P.; Loewenstein, Lara 2026-07-17 55 p. opportunity zones; commercial real estate; construction; time-to-plan 10.17016/FEDS.2026.056 Finance and Economics Discussion Series Private Credit and Leveraged Loan Markets: Similarities, Differences, and Substitution https://fedinprint.org/item/fedgfn/103644 https://fedinprint.org/item/fedgfn/103644 Banegas, Ayelen; Kennedy, Will; Dobridge, Christine L.; Degerli, Ahmet; Castelo, Sophia 2026-08-11 2026-08-11 10.17016/2380-7172.4133 FEDS Notes Inflation Uncertainty and Endogenous Planning Horizons https://fedinprint.org/item/fedgfe/103617/original https://fedinprint.org/item/fedgfe/103617/original Gust, Christopher J.; López-Salido, J. David; Herbst, Edward P. 2026-08-06 47 p. inflation uncertainty; finite-horizon planning; inflation expectations 10.17016/FEDS.2026.055 Finance and Economics Discussion Series The Price of Bank Funding Behind Private Credit: Evidence from Business Development Companies https://fedinprint.org/item/fedgfn/103616 https://fedinprint.org/item/fedgfn/103616 Haque, Sharjil M.; Wang, Jessie Jiaxu 2026-08-07 2026-08-07 10.17016/2380-7172.4142 FEDS Notes Examining the Sensitivity of Regional Banks to Macroeconomic Shocks https://fedinprint.org/item/fedgfn/103615 https://fedinprint.org/item/fedgfn/103615 Schmidt-Eisenlohr, Tim; Seay, Matthew P.; Achugamonu, Faith; Afanasyeva, Elena 2026-08-04 2026-08-04 10.17016/2380-7172.4097 FEDS Notes