Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for ...

The COVID-19 pandemic upended housing markets. This blog post launches an interactive chart that accompanies our research ...

President Daly participated in a monetary policy insights panel at Western Economic Association International’s 100th Annual Conference with John Bates Clark Medal recipient Emi Nakamura, University ...

Download Chart Data (CSV, 3 KB) Figure 1 divides annualized one-month changes in headline PCE inflation into contributions that can be determined as driven by supply versus demand, with the remainder ...

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 ...

The Federal Reserve’s 12 Reserve Banks, operating around our nation, help ensure that a wide range of household, community, and business economic conditions and perspectives inform Fed policies, ...

President Daly joined co-anchors Morgan Brennan and Jon Fortt and senior economics reporter Steve Liesman on Closing Bell: Overtime to discuss the state of the economy, inflation, and more. “I ...

Hard data remain solid. Economists often distinguish between “hard” and “soft” data. Hard data on the real economy typically refer to readings from official government sources on economic activity, ...

Mongkha Pavlick serves as Executive Vice President in the Supervision + Credit Group at the Federal Reserve Bank of San Francisco. In this capacity, she oversees bank supervision and regulation for ...

As a community-engaged bank, the SF Fed seeks out real-time information on economic conditions by engaging with and learning from businesses, community organizations, and local leaders. These ...