Local data presented by Federal Reserve Bank of San Francisco staff at the San Joaquin Valley Financial Empowerment convening ...

A new indicator—the Inflation Shock Momentum Index—can help identify emerging inflationary or disinflationary pressures in ...

The Inflation Shock Momentum Index (ISMI) updates data on coordinated directional pressure across the distribution of category-level inflation rates. This monthly indicator is intended to track ...

The new SF Fed Policy Calibration Tool is designed to help construct a monetary policy path that aligns with one’s views of ...

Òscar Jordà, senior policy 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 June 4, 2026.

U.S. labor force participation rose for decades until the mid-1990s but has fallen steadily since then. This general pattern masks different paths for men and women in the workforce. Aging and rising ...

Labor productivity gains over the past three years helped the U.S. economy expand steadily, even with near-zero employment growth. Combined with substantially increased business investment in ...

Adam Shapiro, vice president at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook from the Economic Research Department as of April 16, 2026. Oil markets ...

Good morning and thank you for inviting me to southern Utah. I am delighted to be here and look forward to a lively conversation.1 The Federal Reserve has been in the news these days. There are ...

Tariffs are usually applied to imported goods—but in an interconnected economy, their effects can be felt in the prices of other goods and services. Estimates using data across multiple advanced ...

AI adoption and use are still evolving, and the technology itself is changing rapidly. What we know about AI and its impact on productivity growth and the economy remains uncertain. Transformations ...

Good afternoon and thank you for that kind introduction. And thank you to the Silicon Valley Leadership Group and to San Jose State University for having me here. I am looking forward to a great ...