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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

Prop Cash

U.S. Currency’s Starring Role in Film

Using United States currency on camera is perfectly legal. But for studios, working with real cash is not always the easiest option.

Read more on SF Fed Blog

Economic Letter

Inflation: Stress-Testing the Phillips Curve

Posted February 11, 2019

The Phillips curve describes inflation as a persistent process that depends on public expectations of future inflation and economic slack. The role of each component has changed over time: maintaining the public’s expectations that the Fed is committed to an inflation target has grown in importance. Such considerations are important as the Federal Reserve evaluates its future policy options.

View past Economic Letters

In the News

From the President

A Strong Economy—But We Can Aim Higher

November 12, 2018

Remarks made to the Regional Economic Development for Eastern Idaho
Idaho Falls, Idaho


Economic Outlook

January 14, 2019

Galina Hale, research advisor at the Federal Reserve Bank of San Francisco, stated her views on the current economy and the outlook as of January 10, 2019.

From the Board

Beige Book

January 16, 2019

Summary of Commentary on Current Economic Conditions by Federal Reserve District

Gary Longoria, an IT business analyst and Scrum Master, has won employee awards for his ability to engage colleagues and excel in his work. He started at the San Francisco Fed as an intern and also used to be a competitive yo-yo champion. Read about his non-traditional path into internet technology.

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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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