Getting monetary policy right requires looking at near- and medium-term economic impacts of cyclical and secular forces, ...

Banks may be indirectly exposed to trade policy through lending and through the broader effects of trade on the economy. Analysis finds that exposure to recent trade shocks was concentrated in large ...

Regional engagement furthers the SF Fed’s mission of advancing the nation’s monetary, financial, and payment systems to build ...

We study the pass-through of corporate taxes into consumer prices, leveraging 1,058 municipal tax rate changes affecting ...

Our recent SF Fed Blog discusses how appropriately adjusting recent labor market data shows that the growth in labor supply ...

In the wide-ranging conversation, President Daly discussed the major factors shaping the U.S. economy, how the Federal ...

Involuntary part-time employment—the share of people who work less than 35 hours per week but want and are available to work full-time—has increased since 2023. While this contrasts with steady ...

CPI Inflation Contributions from Goods and Services updates data on how much different types of goods and services contribute to changes in consumer price index (CPI) inflation. This tool is intended ...

Regional engagement furthers the SF Fed’s mission of advancing the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. Here’s a snapshot of a recent ...