Our Mission

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

SF Fed Blog

Payment diary game imagery

10 Questions Reveal Consumers’ Payment Preferences

Cash, debit, credit, check, or electronic payment: Which would you use to pay for a $1.50 cup of coffee? A $350 plane ticket? A $72 utility bill? In ten questions, find out if your payment preferences reflect national consumer trends with the Payment Diary Game.

Economic Letter

Why So Slow? A Gradual Return for Interest Rates

Posted October 12, 2015

Short-term interest rates in the United States have been very low since the financial crisis. Projections of the natural rate of interest indicate that a gradual return of short-term interest rates to normal over the next five years is consistent with promoting maximum employment and stable inflation. Uncertainty about the natural rate that is most consistent with an economy at its full potential suggests that the pace of normalization may be even more gradual than implied by these projections.

In the News

From the 12th District

Fed’s Williams optimistic on outlook; says 2015 still “appropriate” for rate hike

September 28, 2015

A leading policymaker said today that he’s encouraged by the economic outlook and that he still views a 2015 rate hike as an “appropriate” action.

From the President

The Economic Outlook: Live Long and Prosper

October 8, 2015

Presentation to Community Leaders
Spokane, Washington


Economic Outlook

October 13, 2015

Reuven Glick, group vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of October 8, 2015.

From the Board

FOMC Statement

September 17, 2015

Federal Reserve issues FOMC statement

Henry Olson manages Sharepoint and .Net services applications at the SF Fed. Follow his unexpected journey from the Olson family’s corn and soybean farm in Iowa to the Bay Area’s hot tech scene.

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.