SF Fed Blog
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Help Shape the Future of the Community Reinvestment Act
The Board of Governors of the Federal Reserve System recently issued an Advance Notice of Proposed Rulemaking on how we can modernize the regulations that implement the Community Reinvestment Act (CRA). To ensure that the final proposal for modernizing the CRA meets community needs, the Board is seeking public comment. It’s time to make your voice heard.
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Did Increased Unemployment Payments Cause People to Reject Job Offers?
The additional $600 in Pandemic Unemployment Compensation payments relieved the financial burden of those most in need without dissuading a return to work. A job is worth much more than temporary unemployment insurance payments.
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Strengthening Financial Health in Times of Crisis
COVID-19 makes it clearer than ever that inclusion in the financial system is critical for households and businesses to access timely relief funds. Distributing funds at scale, however, presents numerous challenges, including issues related to technology and communication. To explore what it takes to have an inclusive financial system, Laura Choi sat down with Leigh Phillips, CEO of SaverLife, for a conversation on leveraging fintech, data, and strategic partnerships to strengthen financial health in times of crisis.
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Overcrowding in the Bay Area: Where the Housing Crisis meets COVID-19
The issue of overcrowded housing has known health consequences and is particularly concerning in the context of the COVID-19 pandemic. To better understand the issue of crowding, we examined trends in people moving to more crowded conditions in the Bay Area using data from the Federal Reserve Bank of New York Consumer Credit Panel / Equifax Data. Here’s what we found.
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Comparing News Sentiment in the Time of COVID-19 to the 2008 Financial Crisis
The Daily News Sentiment Index can be used to assess how sentiment responded to the COVID-19 crisis compared to the 2008 financial crisis. News sentiment declined at a similar pace and scale during both crises but recovered more quickly in the financial crisis.
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WATCH NOW – 3D Public Servants: The Courage to Be Human
SF Fed President Mary C. Daly shares her talk meant for SXSW 2020: “3D Public Servants: The Courage to Be Human.” In our current environment, the key message — that we all have to be willing to see, and be seen by, each other in three dimensions — is perhaps more important today than it’s ever been.
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WATCH: President Daly’s Message on COVID‑19
As the coronavirus situation evolves, the Federal Reserve Bank of San Francisco is committed to being part of the solution. President Mary C. Daly shares how we’re supporting our employees, our communities, and the nation during this challenging time.
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Celebrating International Women’s Day, ‘An Equal World is an Enabled World’
For International Women’s Day 2020, employees from all of our branches wore purple to honor women’s achievements, and show their commitment to fighting bias and challenging stereotypes.
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What Brought the Fed to Phoenix?
Back in the 1990s, the Fed didn’t have a presence in Phoenix. Today we have a fully-automated cash processing center. Here’s the story.
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The Finer Points of Cyclical and Acyclical Inflation
For some goods and services, prices change with economic growth while for others they don’t. Our research method makes the distinction to improve our understanding of inflation. Here’s what you need to know.