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.” Read more
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.
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.
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
Posted January 14, 2015
Summary of Commentary on Current Economic Conditions by Federal Reserve District
Did You Know?
Our district houses one of the most significant currency exhibits in the world.