Every year, banks infuse hundreds of millions in capital into our district’s low and moderate income communities, thanks, in part, to the Community Reinvestment Act (CRA). These loans and investments help support affordable housing, small business, and other local resources. In this short video, get to know the provisions of the CRA and how they affect you. Read more
Posted August 24, 2015
Recent discussion has suggested that official real GDP data are inadequately adjusted for seasonal fluctuations. A similar pattern also affects the published data for a key inflation measure. Still, residual seasonality in output and inflation statistics is unlikely to mislead Fed policymakers or adversely affect the setting of monetary policy.
Posted August 19, 2015
Presentation to Bank Indonesia–BIS Conference on “Expanding the Boundaries of Monetary Policy in Asia and the Pacific”
Posted August 17, 2015
Michael Bauer, senior economist at the Federal Reserve Bank of San Francisco, states his views on the current economy and the outlook.
Posted June 17, 2015
Federal Reserve issues FOMC statement
Pat Flynn, host of the Smart Passive Income podcast, shares the most important thing he learned in college and how he fared during the economic downturn.