Our Mission

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

SF Fed Blog

Close up of seal on Federal Reserve Note

What’s the Fed’s Balance Sheet?

Federal Reserve policy actions have increased the size of the Fed’s balance sheet to about $4.5 trillion. But what exactly is the Fed’s balance sheet? Here’s the answer from Glenn Rudebusch, director of SF Fed Economic Research.

Economic Letter

Household Formation among Young Adults

Posted May 23, 2016

The muted housing recovery can be traced in part to slower household formation among young adults. Analysis suggests weak household formation relative to population growth among young adults represents a reversal of the unusual strength during the boom years. The net effect shows current shares of young adults heading households are similar to the levels in the mid-1990s before the housing boom.

From the President

Now That Winter Is Over, Springtime Is on My Mind

May 13, 2016

Presentation to the Sacramento Economic Forum
Sacramento, California

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

May 16, 2016

Rob Valletta, vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of May 12, 2016.

From the Board

Beige Book

March 2, 2016

Summary of Commentary on Current Economic Conditions by Federal Reserve District

"I've always been into parties. It came naturally," explains SF Fed Event Management Supervisor Simone Papapietro. "We were 50 people at a Christmas dinner. Anything we did was a large event."

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.