Stacks of $100 Federal Reserve Notes

The Federal Reserve Board ordered 7.2 billion Federal Reserve notes for 2015, and a significant number of currency notes change hands every day in the United States. The Federal Reserve is on the front lines of identifying potential counterfeit threats and monitoring the quality of the cash you use every day. Find out how in Maintaining Confidence in U.S. Currency, a video by the Federal Reserve’s national Cash Product Office (CPO).

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Interest Rates and House Prices: Pill or Poison?

Posted August 3, 2015

Higher interest rates make mortgages more expensive and could prevent borrowers from bidding up house prices to create a boom. However, the size of rate increase needed to do so might boost unemployment and push down inflation. Thus, a central bank using this type of policy tool may deviate significantly from full employment and price stability goals.

The Recovery’s Final Frontier?

The Recovery’s Final Frontier?

Posted July 15, 2015

Presentation to the Mesa Chamber of Commerce
President Williams presented similar remarks at the International Conference of Commercial Bank Economists in Los Angeles, California on July 8, 2015.


FedViews: July 9, 2015

Posted July 13, 2015

Rob Valletta, vice president at the Federal Reserve Bank of San Francisco, states his views on the current economy and the outlook.

FOMC Statement

Posted June 17, 2015

Federal Reserve issues FOMC statement

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