Our Mission

To promote low inflation, full employment and financial stability, and provide services to financial institutions and the Treasury

SF Fed Blog


How You Shop Affects How You Pay

Whether you’re shopping for groceries, back-to-school supplies, or season tickets, modern commerce provides many ways to shop and pay for purchases. A new infographic from the Federal Reserve’s Cash Product Office (CPO) shows how the decision to shop in person, online, or on-demand can influence your payment choice.

Economic Letter

Bubbles, Credit, and Their Consequences

Posted September 12, 2016

Bubbles are hard to anticipate and costly to deflate. Thus, policymakers struggle with how to respond, if at all. Evaluating the economic costs of past equity and real estate bubbles—with particular attention to credit growth during booms—can give valuable insights. A recent study finds that equity bubbles are relatively benign. More danger comes from housing bubbles in which credit grows rapidly.

In the News

From the 12th District

Fed’s Williams Advocates Rate Hike

August 18, 2016

From the President

Whither Inflation Targeting?

September 6, 2016

Presentation to the Hayek Group
Reno, Nevada

From Executive Leaders

Tailoring, Fintech, and Risk Culture: The Talk of the (Community Banking) Town

April 4, 2016

Speech to the Western Independent Bankers Annual Conference for 
Bank Presidents, Senior Officers & Directors
Waikoloa, Hawaii


Economic Outlook

Reuven Glick, group vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of September 8, 2016.

From the Board

Beige Book

September 7, 2016

Summary of Commentary on Current Economic Conditions by Federal Reserve District

Officer Paul Trotter welcomes employees and visitors to SF Fed headquarters with a crinkle-eyed grin and ready jokes. How raising camels, battling wildfires, and providing security for NBC Studios led him to the Federal Reserve Bank of San Francisco.

Work for the Fed

We like to say we work for the Fed, not at the Fed. That’s because the SF Fed is not just another employer or government agency. Here, you have the opportunity to become part of an important public service institution whose work touches lives across the globe.