The natural rate of interest, also known as r-star, is a key variable for analyzing fiscal and monetary policy. A novel ...

Using a two-country monetary union framework with financial frictions, we quantify the efficacy of targeted asset purchases, ...

How are generative artificial intelligence (GenAI) tools being integrated into consumer product companies? Do they improve ...

Qiana Charles, Vice President and Regional Executive of the SF Fed’s Los Angeles branch, learned more about the Inland Empire ...

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 ...

This data series is part of the Center for Monetary Research. The Treasury yield premium model by Jens H.E. Christensen and Glenn D. Rudebusch (CR) decomposes the nominal yield curve into three ...

The natural rate of interest, also known as r-star, is a key variable for analyzing fiscal and monetary policy. A novel method of measuring this rate for the euro area uses a yield curve model ...

Price differences across U.S. states and regions widened during the pandemic years. In our Economic Letter, “The Changing Disparity in Prices Across States,” we find that states with above average ...

President Mary C. Daly delivered the commencement address to the College of Western Idaho’s 2025 graduates. In her speech, titled “Choose and Choose Again,” President Daly encouraged graduates to ...

Price differences across U.S. states and regions widened during the pandemic years. In our Economic Letter, “The Changing Disparity in Prices Across States,” we find that states with above average ...

The members of the SF Fed’s Advisory Councils provide valuable perspectives from around the Twelfth District. In this edition of Advisory Council Observations, we share what we learned at our most ...