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

SF Fed Blog

Zip Code Economies Firebaugh California

Zip Code Economies Connects Stories of Hope with Fed Mission

Economic research tells us that zip code is destiny. In the San Francisco Fed’s new podcast, President Mary C. Daly finds that’s not always true, sharing stories of people, community, and hope from unlikely places.

Read more on SF Fed Blog

Economic Letter

Is Slow Still the New Normal for GDP Growth?

Posted June 24, 2019

Estimates suggest the new normal pace for U.S. GDP growth remains between 1½% and 1¾%. The slowdown stems mainly from demographic trends that have slowed labor force growth, about which there is relatively little uncertainty. Achieving GDP growth consistently above 1¾% will require much faster productivity growth than the United States has typically experienced since the 1970s.

View past Economic Letters

In the News

From the President

Becoming Owners: The Business Case for Customer-Centered Banking

June 2, 2019

Symposium on Asian Banking and Finance


Economic Outlook

June 21, 2019

Thomas M. Mertens, senior research advisor at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of June 13, 2019.

From the Board

Beige Book

June 5, 2019

Summary of Commentary on Current Economic Conditions by Federal Reserve District

Christian Westleigh served as a cryptographic linguist in signals intelligence with the United States Marines. He holds a Master's degree in emergency management and homeland security. And he's a police lieutenant at our Phoenix cash processing center.

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