When a story appeared on the Bloomberg Businessweek website titled “Young Americans Hate Cash,” President Williams contacted Peter Coy, the article’s author, with evidence from our Cash Product Office studies that indicate otherwise. More
Posted September 22, 2014
The health sector makes up a large share of the U.S. economy, so widespread price changes for medical services can impact overall inflation significantly, both directly and indirectly through private-sector spillovers. A recent estimate suggests the full effect of Medicare payment cuts from the Budget Control Act resulted in a 0.24 percentage point drop in the overall PCEPI.
Posted September 19, 2014
Zheng Liu, senior research advisor at the Federal Reserve Bank of San Francisco, states his views on the current economy and the outlook.
Posted July 16, 2014
Opening remarks to the Los Angeles Unite for Veterans Summit
Los Angeles , California
Posted September 17, 2014
Federal Reserve issues FOMC statement
Did You Know?
Our district houses one of the most significant currency exhibits in the world.