"For me, relaxing the policy rate to make sure it continues to be modestly restrictive — but not so restrictive that it ...

Sylvain Leduc, executive vice president and director of research at the Federal Reserve Bank of San Francisco, shared views ...

Labor market conditions are similar in regions that are near each other. This is called positive spatial correlation.

The natural rate of interest is an elusive concept in theory and practice. However, it is essential for central banks’ ...

Economic activity in the Twelfth District edged down slightly during the mid-August to September reporting period. Employment ...

Generative artificial intelligence (AI) has rapidly emerged as a potentially important workplace technology. In an earlier blog post, we discussed results from the first nationally representative U.S.

I do want to caution us against thinking all bubbles are financial. I don't see many signs that that's the case. Research and ...

The primary function of the Formations + Transactions Unit is to act upon and make recommendations on applications and notifications filed by state member banks, bank and financial holding companies, ...

This data series is part of the Center for Monetary Research. Monetary Policy Surprises data capture the exogenous changes in interest rates over tight windows around the monetary policy announcements ...

Good afternoon. Thank you, Spence, for that kind introduction. It’s wonderful to be here today. I am honored to be speaking with a wide array of audiences—the participants of the 35 th Annual Spencer ...

This paper discusses the measurement, assessment, and communication of risks and uncertainty that are relevant for monetary policy. It provides a taxonomy of policy-relevant uncertainty related to the ...

Technological innovations that displace demand for local producers can hurt finances for households in the same area. Demand for Appalachian coal declined precipitously between 2011 and 2018 following ...