Financial markets—specifically derivatives—contain information about the range of probable future short-term interest rates.

Western Economic Association International Annual Conference San Francisco, California ...

At the Federal Reserve Bank of San Francisco, we listen to the perspectives of communities, businesses and non-profit organizations from around our district to better understand local economic and ...

President Daly discussed her economic outlook, reiterating that monetary policy is in a “good place” currently on Bloomberg Surveillance with co-hosts Lisa Abramowicz and Jonathan Ferro. Watch the ...

Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...

President Daly joined co-anchors Morgan Brennan and Jon Fortt and senior economics reporter Steve Liesman on Closing Bell: Overtime to discuss the state of the economy, inflation, and more. “I ...

Multimodal LLMs offer a watershed change for the digitization of historical tables, enabling low-cost processing centered on domain expertise rather than technical skills. We rigorously validate an ...

The emergence of artificial intelligence (AI) can be seen as a shock containing information about the future path of total factor productivity (TFP), that is, a TFP news shock. Using a standard ...