Research Spotlight

The Federal Open Market Committee (FOMC) raised the target range for its short-term policy rate, the federal funds rate, 0.75 percentage points at its June meeting. In its post-meeting statement, the FOMC reiterated that inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures. What does […]

How is the Federal Reserve working to bring inflation back down? Research Director Sylvain Leduc discusses the Fed’s recent policy decision in our May 2022 FOMC Rewind Live video.

The Federal Open Market Committee raised the target range for its short-term policy rate, the federal funds rate, by half a percentage point. The Committee noted in its May 2022 statement that inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures. What does the Fed’s […]

The American Economic Association named Oleg Itskhoki the best young American economist for 2022. This John Bates Clark medalist contributes to the San Francisco Fed through his work as a visiting scholar in Economic Research. For more, read the SF Fed Blog.

The Minneapolis Fed recently featured a Scholar Spotlight on Rob Valletta, San Francisco Fed’s associate director of research in its Spring 2022 issue of For All, the magazine of the Opportunity & Inclusive Growth Institute. The article highlights Valletta’s research on labor market policies such as unemployment insurance and their relationship to the Fed’s maximum […]

Inspired by our FOMC Rewind explainer videos, we are introducing a new series called FOMC Rewind Live. These occasional videos will break down some of the issues the FOMC discussed at their last meeting. Hosted by Research Director Sylvain Leduc, the series provides context for the FOMC announcements while exploring the tradeoffs and challenges monetary policymakers are […]

Rising rents account for a significant portion of recent inflation. Estimates of how rent inflation typically responds to two leading indicators—current asking rents and current house prices—can help forecast the path of overall inflation for the next two years. For more, watch the SF Fed Blog video by Kevin J. Lansing, Luiz E. Oliveira, and […]

Luiz Oliveira accepted NPR Planet Money’s December Beigie award on behalf of the SF Fed for the 12th District’s December 2021 Beige Book. The Beige Book includes anecdotal reports of businesses and community leaders throughout the country. This is the first time that the SF Fed has received this informal award. SF Fed’s Beige Book […]