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

SF Fed Blog

LGBTQ Banner of Love 2017 SF Fed Headquarters

Celebrating Pride 2017

On June 21, hundreds of Federal Reserve Bank of San Francisco LGBTQIA and ally employees formed a human Banner of Love outside San Francisco Fed headquarters. Check out a few of our favorite SF Fed LGBT Pride Month photos.

Economic Letter

Has the Dollar Become More Sensitive to Interest Rates?

Posted June 26, 2017

U.S. interest rates have diverged from those of other countries over the past few years. Some have voiced concerns that, as a result, exchange rates might be more sensitive to unanticipated changes in U.S. interest rates now than they were historically. However, an examination of market-based measures of policy expectations finds no convincing evidence that the dollar has become more sensitive since 2014.

In the News

From the President

The Global Growth Slump: Causes & Consequences

June 27, 2017

A public lecture hosted by Macquarie University

Sydney, Australia


Economic Outlook

June 16, 2017

Michael Bauer, research advisor at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of June 8, 2017.

From the Board

Beige Book

May 31, 2017

Summary of Commentary on Current Economic Conditions by Federal Reserve District

As a bachelor, bank examiner Jason Lew found a sense of family with coworkers on the road. Little did he know that just a few years later, he'd be part of a loving family of eight spread across two households in Salt Lake City.

Work for the Fed

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.