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 …
San Francisco Fed
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, and banking supervision.
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.
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 …
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 ...
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 ...
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.
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 ...
PCE Inflation Dispersion - San Francisco Fed
PCE Inflation Dispersion. The personal consumption expenditure price index (PCEPI) is one measure of U.S. inflation, tracking the change in prices of goods and services purchased by consumers throughout the economy. Of all the measures of consumer price inflation, the PCEPI includes the broadest set of goods and services.
Careers at the SF Fed
When you join the SF Fed, you join a team of people working together to promote an inclusive economy that works for everyone. If that’s the kind of impact you’d like to make with your everyday work, find your next career opportunity here. Join a diverse team of economists, cash processors, bank supervisors, cloud engineers, and more.