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SF Fed Intern Spotlight with Sevan Garibian
What types of projects do San Francisco Fed interns work on? Sevan Garibian shares his experience and final project.
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What’s It Like to Intern at the San Francisco Fed?
Godis Jackson, one of our 2019 summer interns, takes you behind the scenes at Bank headquarters.
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Application Developer’s Self-Reliant Childhood Feeds Hunger for Success
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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Is the Risk of the Lower Bound Reducing Inflation?
U.S. inflation has remained below the Fed’s 2% goal for over 10 years, averaging about 1.5%. One contributing factor may be the impact from a higher probability of future monetary policy being constrained by the effective lower bound on interest rates. Model simulations suggest that this higher risk of hitting the lower bound may lead to lower expectations for future inflation, which in turn reduces inflation compensation for investors. The higher risk may also change household and business spending and pricing behavior. Taken together, these effects contribute to weaker inflation.
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Mary Daly on Why the Fed Cares about Financial Inclusion
Today we begin a new series, Financial Inclusion & Beyond, an exploration of what we can learn from global efforts to build a more inclusive financial system. We begin with San Francisco Fed president Mary Daly and talk about why the Fed cares about financial health and inclusion, how we’re engaging and learning from a community of subject matter experts and the general public, and the significant work ahead of us.
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Navigating the Future of Financial Regulation
The 14th Asia Symposium will be held virtually on October 20, 2021 from 5:30 p.m.-8 p.m. PDT, and is co-hosted by the Federal Reserve Bank of San Francisco and Monetary Authority of Singapore. Our theme in 2021 explores the changing landscape of banking supervision and regulation.
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Why Is Inflation Low Globally?
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 disconnect between inflation and unemployment? Contrasting the experiences of developed and developing economies before and after the financial crisis shows that broader factors than monetary policy are at play. Inflation has declined globally, and this trend preceded the financial crisis.
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CultureBank: A Vision for a New Investment System
Arts organizations should focus on developing the conditions for new futures to emerge. As a society, we must value the essential role the artist plays as a key collaborator in community investment.
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3D Public Servants: The Courage to Be Human
South by Southwest (SXSW)
Online, pre-recorded video presentation -
Live Virtual Event: Creating an “On-Ramp” For Financial Inclusion
Our Pacific Exchanges team recently hosted a special Financial Inclusion and Beyond live virtual event moderated by Sean Creehan, the team’s lead for financial health and inclusion, that explored lessons from around the world in the use of technology and public policy to build more inclusive financial systems and drive financial health. Regular listeners of the podcast will recognize these voices from their episodes throughout the season; the live virtual event allowed them to discuss how they were managing the challenges to inclusion posed by the COVID pandemic.