Leilani Barnett, senior outreach manager at the Federal Reserve Bank of San Francisco, shares insights from the 4th annual ...

Monetary policy in the United States is determined by the Federal Open Market Committee (FOMC), a decisionmaking body that ...

Economic activity in the Twelfth District slowed slightly during the April to mid-May reporting period. Employment levels ...

Qiana Charles, Regional Executive of the San Francisco Federal Reserve Bank, Los Angeles Branch, learned about the ...

Profiles: Google Scholar | RePEc Working Papers Inference for Local Projections 2024-29 | with Inoue and Kuersteiner | August 2024 abstract Inference for impulse responses estimated with local ...

Our research associates who have been working with professional economists in Economic Research over the past two years are ...

We document that the Fed’s perceived monetary policy response to inflation shifted materially over the post-pandemic period. In forward-looking policy rules estimated from surveys of macroeconomic ...

We examine how the media’s systematic selection of reporting topics influences household responses to inflation news. In a model where households learn about inflation from news coverage, households ...

The public’s demand for cash continues to grow as the amount of currency in circulation reached $1.43 trillion in October 2016. In addition, data from the Federal Reserve’s Diary of Consumer Payment ...

Extreme heat decreases labor productivity in sectors like construction, where much work occurs outdoors. Because construction is an important component of investment, lost productivity today will slow ...

This paper reviews how productivity has evolved around the world since the pandemic began in 2020. Productivity in many countries has been volatile. We conclude that the broad contours of productivity ...

Supply- and Demand-Driven PCE Inflation updates data on the contributions to personal consumption expenditures (PCE) inflation from supply-driven versus demand-driven components. This tool is intended ...