The SF Fed is a nonprofit public service institution that supports the economy through research, community development, and banking supervision.

Work with Us: San Francisco Federal Reserve Jobs. As part of the nation’s central bank, we are committed to understanding and serving the vibrant, expansive communities of the Twelfth District.

Careers. Join our team of economists, cash processors, bank supervisors, cloud engineers, and more.

The San Francisco Fed is governed by a nine‐member board of directors. The Federal Reserve Act provides that Reserve Bank directors are divided into three classes—Class C, Class B, and Class A.

Displayed are the 12-month inflation rates of personal consumption expenditure price index (PCEPI), core PCEPI (this excludes food and energy), and the median inflation rate across personal consumption expenditure categories.

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 ...

3 days ago · Hosted by NYU Stern School of Business, President Mary C. Daly discussed the progress the Federal Reserve has made in bringing inflation down and the importance of looking beyond a “soft landing,” ultimately aspiring to durable expansion with sustained price stability.

This data series is part of the Center for Monetary Research. The Treasury yield premium model by Jens H.E. Christensen and Glenn D. Rudebusch (CR) decomposes the nominal yield curve into three components: future short-term interest rate expectations, a term premium that measures bond investor aversion to the risk of holding longer-maturity bonds, and a …

Feb 27, 2023 · Immigrants contribute a large portion of the growth in the U.S. population and labor force. However, immigration flows into the United States slowed significantly following immigration policy changes from 2017 to 2020 and the onset of the COVID-19 pandemic. Analysis of state-level data shows that this migration slowdown tightened local labor markets modestly, raising the ratio of job vacancies ...

Jan 16, 2024 · An enduring consequence of the COVID-19 pandemic is a notable shift toward remote and hybrid work. This has raised questions regarding whether the shift had a significant effect on the growth rate of U.S. productivity. Analyzing the relationship between GDP per hour growth and the ability to telework across industries shows that industries that are more adaptable to remote work did not ...