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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

Mapping Student Loan Debt in the Bay Area

Which neighborhoods have the highest rates of student loan delinquency and default? Explore student loan borrowing and repayment in the San Francisco Bay Area with our new interactive maps.

Read more on SF Fed Blog

Economic Letter

Negative Interest Rates and Inflation Expectations in Japan

Posted August 26, 2019

After Japan announced a negative policy interest rate in 2016, market expectations for inflation over the medium term fell. The reaction stresses uncertainty surrounding negative policy rate effectiveness as expansionary tools when inflation expectations are anchored at low levels. Japan’s experience also illustrates desirability of taking preemptive steps to avoid the zero interest rate bound.

View past Economic Letters

In the News

From the President

A New Balancing Act: Monetary Policy Tradeoffs in a Changing World

August 28, 2019

Inflation Targeting – Prospects and Challenges
Wellington, New Zealand

From the 12th District

Interactive Maps Detail Burden of Student Debt in the Bay Area

September 9, 2019


Economic Outlook

Mark Spiegel, vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of July 11, 2019.

From the Board

Beige Book

September 4, 2019

Summary of Commentary on Current Economic Conditions by Federal Reserve District

High-energy and enterprising, Nancy Okun turned a nontraditional internship into a career in Information Technology Services at the San Francisco Fed.

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