San Francisco Fed
The Federal Reserve Bank of San Francisco is one of the 12 Reserve Banks in the Federal Reserve System. San Francisco is the headquarters of the Twelfth Federal Reserve District. Subscribe to receive our newsletter and emails. The SF Fed is a nonprofit public service institution that supports the economy through research, community development ...
Federal Reserve Bank of San Francisco Jobs
Careers. Join a diverse team of economists, cash processors, bank supervisors, cloud engineers, and more. Be aware of potentially fake online job postings that claim to be from the Federal Reserve. To identify legitimate SF Fed job opportunities, verify the posting and apply here.
Office of the President - San Francisco Fed
Mary C. Daly is president and chief executive officer of the Federal Reserve Bank of San Francisco.In 2024, she is a voting member of the Federal Open Market Committee, the monetary policymaking body of the Federal Reserve System.. Daly assumed leadership of the San Francisco Fed in 2018, building on a distinguished career as a …
Daily News Sentiment Index - San Francisco Fed
The Daily News Sentiment Index is a high frequency measure of economic sentiment based on lexical analysis of economics-related news articles. The index is described in Buckman, Shapiro, Sudhof, and Wilson (2020) and based on the methodology developed in Shapiro, Sudhof, and Wilson (2020). Shapiro, Sudhof, and Wilson (2020, hereafter SSW ...
Why Is U.S. Inflation Higher than in Other Countries?
Mar 28, 2022 · Inflation rates in the United States and other developed economies have closely tracked each other historically. Problems with global supply chains and changes in spending patterns due to the COVID-19 pandemic have pushed up inflation worldwide. However, since the first half of 2021, U.S. inflation has increasingly outpaced inflation in other developed countries. Estimates suggest that fiscal ...
Total Factor Productivity - San Francisco Fed
This site presents a real-time, quarterly series on total factor productivity (TFP) for the U.S. business sector, adjusted for variations in factor utilization – labor effort and capital’s workweek. The utilization adjustments follows Basu, Fernald, and Kimball (BFK, 2006). Using relative prices and input-output information, the series is ...
What is the economic function of a bank? - San Francisco Fed
July 1, 2001. Commercial banks play an important role in the financial system and the economy. As a key component of the financial system, banks allocate funds from savers to borrowers in an efficient manner. They provide specialized financial services, which reduce the cost of obtaining information about both savings and borrowing opportunities.
How Much Do Supply and Demand Drive Inflation?
Jun 21, 2022 · Inflation has remained at levels well above the Federal Reserve’s inflation goal of 2% for over a year. Separating the underlying data from the personal consumption expenditures price index into supply- versus demand-driven categories reveals that supply factors explain about half of the run-up in current inflation levels. Demand …
SF Fed Data Explorer - San Francisco Fed
Our interactive tool gives you the ability to explore, analyze, and download detailed data related to the Federal Reserve’s dual mandate of price stability and full employment. Dive into what is driving current inflation or explore how the labor market is working for various groups of people in the U.S. Use the Data Explorer to discover your ...
Can Government Spending Help to Escape Recessions?
Feb 1, 2021 · A key to designing fiscal policy is understanding how government purchases affect economic output overall. Research suggests that expanding government spending is not very effective at stimulating an economy in normal times. However, in deep downturns when monetary policy is constrained at the zero lower bound, public spending is more potent and can become an effective way to escape a recession.