Daniel Wilson, vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of June 5, 2025. Recent data have sent mixed signals on the ...

Qiana Charles, Regional Executive of the San Francisco Federal Reserve Bank, Los Angeles Branch, learned about the agricultural landscape in Kern County.

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

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

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

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 ...

Households accumulated more liquid assets beginning in 2020 than would have been expected without the pandemic. These “extra” liquid assets have dissipated, but their evolution has differed ...

The Congressional Budget Office recently raised its demographic projections for net U.S. immigration. Most of the increase in the projections came from undocumented immigrants. Updating the CBO ...

Employment growth has consistently come in above pre-pandemic estimates of the rate needed for unemployment to stay near its long-run natural rate. Even so, unemployment has held steady, which raises ...

Since the 1980s, decreasing interest rates have reduced the cost of financing for publicly traded corporations, which in turn has lowered their cost of capital by more than a third. Data show that ...