Our Mission

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

SF Fed Blog


Helping Banks Brace for Hurricane Season

Hurricane season was especially busy in 2017 with six major storms on record. While we can’t predict the severity of this year’s storms, we are prepared to meet increased cash demand in recovery zones if necessary. Here’s how.

Read more on SF Fed Blog

Economic Letter

Fiscal Policy in Good Times and Bad

Posted July 9, 2018

Thanks in large part to recently enacted tax cuts, U.S. fiscal policy has taken a decidedly procyclical turn—providing stimulus when the economy is growing. This matters because many recent studies have found that fiscal stimulus has a smaller impact when the economy is strong, implying that the near-term boost to GDP growth could be two-thirds or less of that from previous tax cuts.

View past Economic Letters

The Search Is On

The San Francisco Fed’s Board of Directors is searching for the next President and CEO

The Federal Reserve Bank of San Francisco’s board of directors has begun the search for the Bank’s 13th president and chief executive officer. A search committee comprised of members of the Bank’s head office board of directors has been formed to lead the search.

Learn more about it here

In the News

From the President

The Future Fortunes of R-star: Are They Really Rising?

May 15, 2018

Remarks to the Economic Club of Minnesota

Minneapolis, Minnesota

From Executive Leaders

Sustaining the Economic Expansion


Economic Outlook

July 16, 2018

Mark Spiegel, vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of July 12, 2018.

From the Board

Beige Book

May 30, 2018

Summary of Commentary on Current Economic Conditions by Federal Reserve District

Get to know Maui, Echo, Cash, and their handlers, the Federal Reserve Bank of San Francisco's newly commissioned K9 unit.

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.

Find a Job