Sylvain Leduc, executive vice president and director of research at the Federal Reserve Bank of San Francisco, shared views ...

SF Fed President Mary C. Daly appeared on Hoover Institution’s Economics, Applied podcast to discuss the Fed’s communications ...

"We are more likely than not to need additional adjustments, but the timing of those adjustments ​to me is something we’re ...

Commercial banks have led the adoption of artificial intelligence (AI) in recent years. Evidence suggests that banks using AI more intensively tend to have higher returns on assets and higher shares ...

Huiyu Li, research advisor at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook from the Economic Research Department as of September 3, 2026. The U.S.

The U.S. unemployment rate has trended down for decades. Estimates after removing business cycle fluctuations show that the trend rate fell from 7.8% in 1976 to 4.8% in 2024. This decline reflects in ...

The relation between stocks and bonds indicates whether supply or demand shocks dominate the risks to economic activity. After two decades of concerns primarily about changes in demand, the stock-bond ...

After two years of working with economists and others in the SF Fed Economic Research Department, a cohort of research associates are preparing to take their next steps, pursuing new paths and ...

Òscar Jordà, senior policy advisor at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook from the Economic Research Department as of June 4, 2026.

U.S. labor force participation rose for decades until the mid-1990s but has fallen steadily since then. This general pattern masks different paths for men and women in the workforce. Aging and rising ...

We use novel data from a survey of nearly 750 corporate executives to study the effects of artificial intelligence (AI) on productivity and the workforce. We document substantial heterogeneity in AI ...