Our Mission

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

SF Fed Blog

Mosaic Tile Pattern

SF Fed Pattern Library Is Now Public

The Federal Reserve Bank of San Francisco’s Pattern Library, a living style guide for our website’s user experience design, is available now on GitHub.

Economic Letter

TIPS Liquidity and the Outlook for Inflation

Posted November 21, 2016

New research uses a novel term structure model of nominal and real yields to estimate how much the liquidity premium embedded in the prices of TIPS have varied over time. Accounting for variation in the premiums notably increases estimates of the inflation expectations underlying market-based measures of inflation compensation, particularly during the most recent financial crisis.

In the News

From the President

Assessing the New Normal(s)

October 21, 2016

Presentation to the Federal Home Loan Bank of San Francisco’s 2016 Member Conference
San Francisco, California

From the 12th District

Fed’s Williams Advocates Rate Hike

August 18, 2016

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

November 14, 2016

Rhys Bidder, economist at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of November 10, 2016.

From the Board

Beige Book

November 30, 2016

Summary of Commentary on Current Economic Conditions by Federal Reserve District

What's kept Robin Rockwood at the SF Fed for over 25 years? A deep appreciation for her colleagues. She says, "We're thoughtful about what we do. One of our driving principles is to be stewards of public good. When we make decisions, especially as members of the management team, we use an important filter: How are we serving the public?"

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.