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

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

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

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

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

We explore the evolving significance of different production sectors within the U.S. economy since World War II and provide methods for estimating and forecasting these shifts. Using a compositional ...

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 SF Fed’s new weekly Labor Market Stress Indicator data page, based in part on data for state-level unemployment claims, ...

Recent surges in trade policy uncertainty highlight the fragility of global supply chains, prompting businesses to consider reshoring—moving production from abroad to domestic locations. Reshoring can ...

State-level unemployment claims can provide a real-time measure of national labor market conditions and the overall state of the economy. A rapid and widespread buildup of stress in state labor ...

A range of tariffs on U.S. imports has been enacted or considered recently. Trade tariffs can potentially affect price inflation for consumption and investment goods. Estimates suggest that the impact ...