This article examines the methodology used to determine that the Fed’s remittances to the U.S. Treasury will remain positive during its balance sheet normalization period. In 2017, the Fed began the process of gradually shrinking its balance sheet by reducing its fixed-income holdings.

AgLetter reports farmland values in the Seventh Federal Reserve District for the first quarter of 2018 were largely the same as a year ago. Values for “good” agricultural land in the first quarter of 2018 were 1 percent higher than in the fourth quarter of 2017.

In conjunction with National Small Business Week, the 12 Reserve Banks of the Federal Reserve System have launched a new website called Fed Small Business, which will serve as a hub for the Reserve Banks’ small business research, analysis and thought leadership.