Our Mission

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

SF Fed Blog

Young man sitting on path

What’s Limiting Upward Economic Mobility?

Work hard and you’ll achieve success and have a higher income than your parents. That’s the American dream. Yet thousands of struggling Americans are realizing that determination isn’t always enough, and it’s difficult to get ahead when you’re always behind. Here are five important things to know about economic mobility challenges holding people back.

Economic Letter

Three Questions on R-star

Posted February 21, 2017

The decline in the natural rate of interest, or r-star, over the past decade raises three important questions. Is this low level unique to the U.S. economy? Is the natural rate likely to remain low in the future? And, is this low level confined to "safe" assets? Evidence suggests that low r-star is a global phenomenon, is likely to be very persistent, and is not confined only to safe assets.

In the News

From the President

Looking Back, Looking Ahead

January 17, 2017

Presentation to the 2017 Economic Forecast

Sacramento, California


Economic Outlook

February 13, 2017

Daniel Wilson, research advisor at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of February 9, 2017.

From the Board

Beige Book

January 18, 2017

Summary of Commentary on Current Economic Conditions by Federal Reserve District

While living in Bangkok, Linda True witnessed a coup and periods of civil unrest. Today the born researcher studies Thailand and Southeast Asia every day as a senior supervisory analyst in the SF Fed's Country Analysis Unit. Here's her journey to the Fed.

Work for the Fed

Work for the Fed

On January 23, President Trump issued a memorandum that instituted a temporary, government-wide federal hiring freeze. The Federal Reserve Bank of San Francisco is not a federal government agency. However, as part of the nation’s central bank, we have chosen to follow the spirit of this guidance and curtail hiring with the exception of open job positions deemed critical to fulfilling our public service mission. We appreciate your interest in employment at the Federal Reserve Bank of San Francisco, and encourage you to review the opportunities available on our Careers site.