The San Francisco Fed’s advisory councils are a crucial source of on-the-ground insights about the Twelfth District’s economy, and each has a specific focus: President and CEO of the San Francisco Fed ...

Survey responses from chief financial officers and other financial decisionmakers yield a new measure of inflation ...

In “We Won’t be Missed: Work and Growth in the Era of AGI,” Pascual Restrepo tackles an essential question: what will happen to the economy and workers as AI automation progresses? His answer: AGI can ...

The Center for Monetary Research provides recurring updates to interactive data series on specific topics in monetary economics and macro-finance. Data sets on this page include interest rate ...

We develop a non-parametric filter that identifies sustained directional runs in shocks to monthly inflation—a concept we ...

AI automation typically requires task-level fixed costs, such as model training or fine-tuning. We develop a quantitative task-based framework in which automation depends jointly on relative marginal ...

Mary C. Daly, president and CEO of the Federal Reserve Bank of San Francisco, participated in a panel discussion at the 2026 Hoover Institution Monetary Policy Conference. She was joined by Federal ...

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 ...

We develop a non-parametric filter that identifies sustained directional runs in shocks to monthly inflation—a concept we define as “inflation shock momentum.” By assessing the shocks to over 100 ...