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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

Economist Fernanda Nechio

Parabéns to Economist Fernanda Nechio’s New Role with Central Bank of Brazil

Congratulations to Fernanda Nechio for being appointed as Deputy Governor on the Central Bank of Brazil’s monetary policy committee! In her new office, Nechio will also oversee International Affairs and Corporate Risk Management.

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Economic Letter

Why Is Inflation Low Globally?

Posted July 15, 2019

A hot economy eventually boosts inflation. Such is the simple wisdom of the Phillips curve. Yet inflation across developed countries has been remarkably weak since the 2008 global financial crisis, even though unemployment rates are near historical lows. What is behind this recent global disconnect between inflation and unemployment?

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In the News

From the President

Becoming Owners: The Business Case for Customer-Centered Banking

June 2, 2019

Symposium on Asian Banking and Finance


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

July 17, 2019

Summary of Commentary on Current Economic Conditions by Federal Reserve District

Michelle Poya is a lead user experience analyst for San Francisco Fed application services. Her job: ensure IT builds inclusive websites and apps that everyone can use.

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