A new data interactive and a recent webinar from the SF Fed Community Engagement and Analysis team shed light on ...

New data suggest that net migration into the United States has dropped sharply in 2025 from its historical highs, falling ...

Thomas M. Mertens, vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of July 17, 2025.

Economic activity in the Twelfth District was somewhat subdued but largely stable during the mid-May to June reporting period ...

In 2024, the San Francisco Fed and the Federal Reserve System Innovation Office launched the EmergingTech Economic Research ...

Trade policy in the United States has been in flux in recent months. A theoretical analysis of recent increases in U.S.

Federal Reserve Bank of San Francisco President & CEO Mary C. Daly sat down with Bloomberg Television and Radio’s ...

Monetary policy in the United States is determined by the Federal Open Market Committee (FOMC), a decisionmaking body that includes regional representation. Evidence shows that the economic conditions ...

A range of tariffs on U.S. imports has been enacted or considered recently. Trade tariffs can potentially affect price inflation for consumption and investment goods. Estimates suggest that the impact ...

The unemployment rate has risen over half a percentage point since the second quarter of 2023. Individual survey data underlying the unemployment rate can help in assessing which labor market ...

Good morning. It is a pleasure to be here in Phoenix and an honor to be speaking to so many community bankers. I should also say, welcome to the Twelfth Federal Reserve District. We are delighted to ...