Our Mission

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

SF Fed Blog


SF Fed’s Banner of Love

On June 15, more than 300 Federal Reserve Bank of San Francisco employees gathered in front of SF Fed headquarters to form a Banner of Love, a human LGBT Pride banner.

Economic Letter

Energy’s Impact on Inflation Expectations

Posted June 20, 2016

Over the past five years some inflation expectation measures have declined gradually while oil prices have fallen dramatically. Although energy prices are normally considered temporary, they appear to have played a large role in pushing down longer-term inflation forecasts from professional forecasters. Analysis shows energy prices can explain about three-fourths of this decline in professional forecasts.

From the President

Now That Winter Is Over, Springtime Is on My Mind

May 13, 2016

Presentation to the Sacramento Economic Forum
Sacramento, California

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

June 17, 2016

Nicolas Petrosky-Nadeau, research advisor at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of June 9, 2016.

From the Board

Beige Book

June 1, 2016

Summary of Commentary on Current Economic Conditions by Federal Reserve District

"I've always been into parties. It came naturally," explains SF Fed Event Management Supervisor Simone Papapietro. "We were 50 people at a Christmas dinner. Anything we did was a large event."

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.