Moving steadily through change takes intention, commitment to one’s goals, collecting evidence, and deciding. And most of all, it takes a commitment to be willing to repeat the process of anchoring, ...

This brief provides insights into the employment patterns and makeup of the workforce, including those in lower-income ...

Understanding the effects of weather on macroeconomic data is critically important, but it is hampered by limited time series ...

This paper discusses the measurement, assessment, and communication of risks and uncertainty that are relevant for monetary policy. It provides a taxonomy of policy-relevant uncertainty related to the ...

Given the fast and pervasive adoption of generative AI, it is important to explore how generative AI’s effect on labor markets may influence postsecondary institutions and their students, considering ...

This data series is part of the Center for Monetary Research. Monetary Policy Surprises data capture the exogenous changes in interest rates over tight windows around the monetary policy announcements ...

Technological innovations that displace demand for local producers can hurt finances for households in the same area. Demand ...

This letter is regarding the election of Directors of the Federal Reserve Bank of San Francisco for one Class B Director seat, elected by Member Banks in Group One, and one Class A Director seat, ...

The zero lower bound is the concept that the federal funds rate would not be cut below zero percent. This lower bound constraint can limit the effectiveness of monetary policy when rates are at or ...

Andrew Foerster, senior research advisor at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook from the Economic Research Department as of September 4, 2025 ...

Economic activity in the Twelfth District edged down slightly during the July to mid-August reporting period. Employment levels were down slightly as employers laid off workers and did not fill ...