New data suggest that net migration into the United States has dropped sharply in 2025 from its historical highs, falling ...

Economic activity in the Twelfth District was somewhat subdued but largely stable during the mid-May to June reporting period ...

In 2024, the San Francisco Fed and the Federal Reserve System Innovation Office launched the EmergingTech Economic Research ...

Financial markets—specifically derivatives—contain information about the range of probable future short-term interest rates.

Trade policy in the United States has been in flux in recent months. A theoretical analysis of recent increases in U.S. tariffs, including potential retaliatory tariffs by other countries, suggests a ...

International trade policies remain in the spotlight given the recent rethink on the benefits of globalization by major economies. Since trade critically affects employment, production, prices and ...

Using the debt and equity response to the release of textual information from earnings calls, we demonstrate that stock and bond investors for the same firm interpret different aspects of firm ...

Motivated by growing interest in accountability, transparency, and data-driven decision- and policy- making, questions about the outcomes and impacts of community development activities and ...

The initiative emphasizes the social determinants of health and focus on three areas of opportunity: New Resources, New Partners, and New Ideas.

Far too many families are struggling to manage their household balance sheets, which has far reaching implications for neighborhood, regional, and national economic growth. This effort aims to promote ...

Equity Equivalent Investments FRBSF Community Investments (pdf, 72KB) Beth Lipson, National Community Capital The EQ2 product is a long-term deeply subordinated loan with features that make it ...