CNBC’s Steve Liesman interviews San Francisco Fed President John C. Williams!
CNBC’s Steve Liesman interviews San Francisco Fed President John C. Williams
Photograph by Federal Reserve Bank of San Francisco

The Fed is widely expected to raise the Federal Funds Rate from an unprecedented near zero level sometime this year. But in recent interviews, San Francisco Federal Reserve Bank President John C. Williams stresses that the decision will be “data-driven, not date-driven.”

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Features

Economic Letter

Do Place-Based Policies Matter?

Posted March 2, 2015

Place-based policies such as enterprise zones offer incentives to firms to create jobs in economically challenged areas. While there is no clear evidence that they create jobs, other discretionary subsidies that target specific firms, infrastructure spending in specific areas, and investment in university education and research show some benefits.

FedViews

FedViews: February 12, 2015

Posted February 17, 2015

Simon Kwan, senior research advisor at the Federal Reserve Bank of San Francisco, states his views on the current economy and the outlook.

Inflation Targeting and the Global Financial Crisis:  Successes and Challenges

Inflation Targeting and the Global Financial Crisis: Successes and Challenges

Posted October 31, 2014

Essay presentation to the South African Reserve Bank Conference on Fourteen Years of Inflation Targeting in South Africa and the Challenge of a Changing Mandate
Pretoria, South Africa

Beige Book

Posted January 14, 2015

Summary of Commentary on Current Economic Conditions by Federal Reserve District

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American Currency Exhibit

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