The Federal Reserve Bank of San Francisco
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FRBSF Highlights
Board of Govenors of the Federal Reserve Information Regarding Recent Federal Reserve Actions
Comprehensive list of links to information related to recent Federal Reserve actions, including press releases, Federal Register notices, and other related information.
Learn More (offsite)
   
Discount Rate Change Discount Rate Change
The Board of Governors approved a 50-basis-point decrease in the discount rate to 1 1/4 percent. (more)
   
Beige Book The Beige Book
Economic activity in the Twelfth District weakened further during September and early October. Retail sales were very sluggish on net, and contacts from financial institutions reported a drop in credit availability. Released October 15, 2008
   
Preserving Communities Preserving Homeownership Foreclosure Resource Center
For the latest information on the Federal Reserve's efforts to mitigate the impact of foreclosures, including local data presentations and research reports, visit our new Foreclosure Resource Center.
   
President's Speech for October 30, 2008
The Mortgage Meltdown, Financial Markets, and the Economy
Speech to UCLA Symposium at UC Berkeley
Berkeley, California
October 30, 2008
 
Economic Letter for November 21, 2008
Convergence of Long-Term Bond Yields in the Euro Area
This Letter takes a closer look at the effect of European Economic and Monetary Union on long-term government bond yields in the four largest euro zone countries.
—Swanson; 2008-37
About the Federal Reserve Bank of San Francisco
One of twelve regional Federal Reserve Banks across the U.S. that, together with the Board of Governors in Washington, D.C., serve as our nation's central bank.

Areas Served:

 Offices:
Alaska
Arizona
California
Hawaii
Idaho
Nevada		 Oregon
Utah
Washington
American Samoa
Guam
Northern Mariana Islands		 Los Angeles
Portland
Salt Lake City
San Francisco
Seattle
Phoenix

The largest District, it covers 36 percent of the nation's landmass, ranks first in the size of its economy, and is home to approximately 20 percent of the nation's population.