SF Fed Blog
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Community Conditions: A New Section in the SF Fed’s Beige Book Report
To better communicate economic conditions in our District as reported by business and nonbusiness leaders across the region, the SF Fed is introducing a new section to its Beige Book report. “Community Conditions” will focus on economic conditions at the level of local communities and groups.
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Summer Climate Risk in Los Angeles: Wildfire Smoke’s Disparate Community Impact
At the SF Fed, we’re conducting research to quantify the economic impact of wildfire smoke across the region because climate risk affects our core responsibilities of conducting monetary policy, regulating and supervising the bank system, and ensuring a safe and sound payment system. Our Community Development team looked at wildfire smoke in the LA region over time and its potential effects on the economy and disadvantaged populations. Here’s what we learned.
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What We Learned from Twelfth District Utility CEOs about Climate Resilience
Utilities are at the forefront of managing climate risk. In a recent roundtable with President Mary Daly, CEOs from the Twelfth District’s utility sector shared their insights on this vital aspect of their business.
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With COVID Now in Year Two, Some Consumers Return to Cash Payments
Emily Cubides and Shaun O’Brien share key findings from the 2022 Diary of Consumer Payment Choice.
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Feeling the Effects of Drought in the Twelfth District
The Supervision + Credit team’s quarterly First Glance 12L report notes drought-related impacts pose challenges to the Twelfth District financial institutions, residents, and businesses alike.
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Origin Stories: Meet SF Fed’s Diverse Suppliers
Wayne Armoogam, Luminous EgressGet to know Wayne Armoogam of Luminous Egress, one of SF Fed’s diverse supplier partners who is helping our communities thrive.
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What We Learned from CDFIs about Climate Resilience
The SF Fed’s Community Development team recently held a roundtable focused on understanding the impact of climate risk on Community Development Financial Institutions (CDFIs) and the important work they do in LMI communities. Here’s what we heard.
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Overhauling the CRA to Address Financial Inclusion
The Community Reinvestment Act hasn’t had a major update since 1995. The Fed says it’s time to update and modernize the regulation to better achieve the core purpose of this historic law in meeting the needs of low- and moderate-income Americans.
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Origin Stories: Meet SF Fed’s Diverse Suppliers
Caron Ng, NU-SETGet to know Caron Ng of NU-SET, one of SF Fed’s diverse supplier partners who is helping our communities thrive.
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Reimagining Financial Systems to Create Thriving Economies
The SF Fed’s Community Development team offers lessons learned from the 2022 National Interagency Community Reinvestment Conference (NICRC), which sought to spark ideas, conversations, and actions to reimagine the community development field.