Our Mission

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

SF Fed Blog

Woman Holding Wallet With Money

Revisiting Wage Growth

The July jobs report once again brought great news on employment gains and less than exciting news on wage growth. Data through the second quarter of 2018 show that median weekly earnings of full time workers rose just 2% on an annual basis, well below what might be expected in such a robust labor market. So what is going on?

Read more on SF Fed Blog

Economic Letter

The Financial Crisis at 10: Will We Ever Recover?

Posted August 13, 2018

A decade after the financial crisis, the U.S. economy remains significantly smaller than it should be based on its pre-crisis growth trend. One possible reason lies in the large losses in the economy’s productive capacity following the crisis. The size of those losses suggests that output is unlikely to revert to its pre-crisis trend level, representing a lifetime present-value income loss of about $70,000 for every American.

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

FedViews

Economic Outlook

August 13, 2018

Kevin J. Lansing, research advisor at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of August 9, 2018.

From the Board

Beige Book

July 18, 2018

Summary of Commentary on Current Economic Conditions by Federal Reserve District

“The Fed encourages continuous learning, whether on the job or in the classroom. Everyone’s very supportive,” says admin and executive support team manager Ellen Toker. 

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