SF FedViews: Solid Growth, but Small Cracks Have Emerged
Economic growth has been solid, but small cracks have emerged. In the latest SF FedViews, Associate Research Director Robert Valletta discusses elevated inflation and downside risks to the labor market and consumer spending.

The Latest
What We Study:
Insights, research, and data on various topics affecting our economy.
News & Media
What really shapes our economic future with Federal Reserve’s Mary C. Daly – Masters of Scale podcast
October 17, 2025
Axios Exclusive: SF Fed’s Mary C. Daly Says AI Bubble Not Immediate Risk to Financial Stability
October 7, 2025
The San Francisco Fed President’s Case for More Rate Cuts – Axios
October 7, 2025

Meet the SF Fed
Learn more about our groups and their work in pursuit of the SF Fed’s mission.
Around the District

Data Center Growth and Challenges in Arizona
The SF Fed engages with businesses and communities across the region to gather real-time information on local economic conditions. Here’s a snapshot of recent outreach in Arizona led by Shannon Smith, regional engagement officer at the Federal Reserve Bank of San Francisco.
Video & Media
Watch the latest videos from the SF Fed covering events and topics relevant to the Twelfth District and beyond.
Explore the 12th District
The Federal Reserve Bank of San Francisco is one of the 12 Reserve Banks in the Federal Reserve System. San Francisco is the headquarters of the Twelfth Federal Reserve District.




















