Economic conditions in the Twelfth District were mixed during the October to mid-November reporting period. Employment levels largely held steady as most employers hired primarily to replace voluntary ...

On the labor market, I don’t feel as confident we can get ahead of it. It’s vulnerable enough now that the risk is it’ll have a nonlinear change," she told ...

The United States announced new, higher tariff rates this year. Tariffs can affect supply chains, investment, and firms’ input costs, resulting in supply-side effects such as higher inflation and ...

We show that the underlying source of inflation impacts financial market perceptions of the persistence of monetary policy tightening. Investors expect policy tightening to be more persistent ...

To better understand the potential impacts of AI on the economy, this analysis assesses workers likely to be exposed to AI on ...

Robert G. Valletta, associate director of research and senior vice president at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook from the Economic ...

Understanding employment patterns among different segments of the nation’s workforce contributes to a deeper understanding of the economy, in support of the Federal Reserve’s monetary policy goals.

Many central banks make policy decision collectively in the form of a committee. With the increased public communications of policy actions, wording over policy statements became an important tool for ...

Central banks set policy to support the economy, provide liquidity, and promote financial stability. Modern central banking requires adaptation to current demands and a framework that fosters agility ...

In 2024, the San Francisco Fed and the Federal Reserve System Innovation Office launched the EmergingTech Economic Research Network (EERN) to support a better understanding of how new technologies ...