Monetary policy surprises—changes in various interest rates around central bank communication events—reflect new information ...

Tariffs are usually applied to imported goods—but in an interconnected economy, their effects can be felt in the prices of ...

What does a slow growth labor market mean for monetary policy? For one, it means "traditional 'rules of thumb' for labor ...

The latest Community Investments series examines the evolving landscape of AI and its implications for community development.

The Center for Pacific Basin Studies at the Federal Reserve Bank of San Francisco is hosting its 2026 Pacific Basin Research Conference on Friday, November ...

Can idiosyncratic risk explain the equity premium? We revisit this question using a novel measure of imperfect risk sharing, ...

The Federal Reserve System’s Reserve Banks across the country keep money moving securely, from electronic payroll deposits to instant payments to physical cash. In this critical role, Reserve Banks ...

We introduce an improved measure of geopolitical risk that builds on Caldara and Iacoviello (2022) and uses artificial intelligence to evaluate newspaper content. Our approach replaces keyword ...

Twelfth District Business Sentiment presents two qualitative indexes that track the views of business leaders across the western United States—the SF Fed Business Sentiment Index and the SF 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 ...

This data series is part of the Center for Monetary Research. This site presents a weekly and monthly series of the proxy funds rate, following Doh and Choi (2016), Choi, Doh, Foerster, and Martinez ...

Regional data provide indicators measuring characteristics of the dual mandate across the nation. This page provides data on labor market conditions, prices, and earnings for the 50 states and the ...