A new indicator—the Inflation Shock Momentum Index—can help identify emerging inflationary or disinflationary pressures in ...

The Board of Governors and the Federal Reserve Banks annually prepare and release audited financial statements reflecting balances (as of December 31) and income and expenses for the year then ended.

Mary C. Daly, president and CEO of the Federal Reserve Bank of San Francisco joined José Luis Escrivá, Governor of the Banco de España for a moderated conversation at the Banco de España’s conference, ...

The new SF Fed Policy Calibration Tool is designed to help construct a monetary policy path that aligns with one’s views of ...

U.S. labor force participation rose for decades until the mid-1990s but has fallen steadily since then. This general pattern masks different paths for men and women in the workforce. Aging and rising ...

Labor productivity gains over the past three years helped the U.S. economy expand steadily, even with near-zero employment growth. Combined with substantially increased business investment in ...

For decades, economists and policymakers have argued about the meaning of full employment. Those debates are getting more vigorous. Historic changes in labor force growth have resulted in a job count ...

Tariffs are usually applied to imported goods—but in an interconnected economy, their effects can be felt in the prices of other goods and services. Estimates using data across multiple advanced ...

Since becoming widely commercially available in fall 2022, adoption of generative artificial intelligence in U.S. businesses has grown rapidly. Recent surveys suggest substantial year-over-year ...

AI adoption and use are still evolving, and the technology itself is changing rapidly. What we know about AI and its impact on productivity growth and the economy remains uncertain. Transformations ...

The large increase and subsequent decline of unauthorized immigrant workers in recent years have raised questions about the impact of these changes on local labor markets across the United States. New ...