The SF Fed is a nonprofit public service institution that supports the economy through research, community development, and banking supervision.

It’s not necessarily a position, you know. It’s not a title. It’s what you do, who you are, what you say, and how you treat others. I understand that there’s leaders who lead work—but I think it’s more about who you are and your character.

The Proxy Funds Rate uses a broad set of financial market indicators to assess the stance of monetary policy. The proxy rate can be interpreted as indicating what federal funds rate would typically be associated with prevailing financial market conditions if the federal funds rate were the only monetary policy tool being used.

Established January 2011. The Twelfth District Community Depository Institutions Advisory Council (CDIAC) serves as an important source of information on the ability of community depository institutions to support local markets in the Twelfth District by providing observations, opinions and advice to management of the Federal Reserve Bank of San Francisco and Members of the Board of Governors ...

Nov 8, 2024 · Note: This data page will no longer be updated. The latest estimates of pandemic-era excess savings are as of September 2024. Past data will continue to be available on this site.

The discount window plays an important role in providing liquidity and supporting the stability of the banking system. By providing ready access to funding, the discount window helps depository institutions manage their liquidity risks efficiently and avoid actions that have negative consequences for their customers, such as withdrawing credit during times of market stress.

Chart 1: Daily News Sentiment Index: Historical View. Note: Chart 1 shows moving averages of daily news sentiment scores since 1980; higher values indicate more positive sentiment, and lower values indicate more negative sentiment.

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The San Francisco Fed is governed by a nine‐member board of directors. The Federal Reserve Act provides that Reserve Bank directors are divided into three classes—Class C, Class B, and Class A.

Jul 15, 2024 · Expertise, AI, and the Work of the Future. David Autor, the Daniel (1972) and Gail Rubinfeld Professor of Economics at MIT, delivered a live presentation on artificial intelligence and the work of the future on December 4.