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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

Mary C. Daly Appointed New Bank President

The San Francisco Fed’s board of directors has chosen Mary C. Daly to become the Bank’s next president and CEO.

Read more on SF Fed Blog

Economic Letter

The Prime-Age Workforce and Labor Market Polarization

Posted September 10, 2018

Labor force participation by people in their prime working years fell during the recession and remains low. This appears to reflect longer-term developments, rather than lingering recession effects. One key factor is labor market polarization—manifested in the gradual disappearance of manual jobs—which helps predict declining worker attachment across states.

View past Economic Letters

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


Economic Outlook

September 14, 2018

Òscar Jordà, vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of September 13, 2018.

From the Board

Beige Book

September 12, 2018

Summary of Commentary on Current Economic Conditions by Federal Reserve District

“I love my job because we work on such a wide range of issues from affordable housing to workforce development to health and equity—all focused on alleviating poverty,” explains Leilani Barnett, Community Development regional manager.

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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.

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