The Federal Reserve Bank of San Francisco serves the Twelfth District, the largest in the Federal Reserve System, and represents the nine western states, two territories, and a commonwealth.

The San Francisco Fed’s core functions are to support monetary policy, strengthen financial institutions, and enhance the payments systems.

Feature

Signs of Cyclical Weakness in Part-Time Employment?

Fewer workers have found full-time work and a growing number have remained stuck in part-time employment. Though levels are only slightly elevated since 2023, this may hint at labor market weakening.

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Speech

Steady Through Change: In Policy, Business, and Life

Watch SF Fed President Mary C. Daly’s Remarks

Around the District

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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.

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