Adam Shapiro, vice president at the Federal Reserve Bank of San Francisco, shared views on the current economy and the ...

Good morning and thank you for inviting me to southern Utah. I am delighted to be here and look forward to a lively conversation.1 The Federal Reserve has been in the news these days. There are ...

Economic activity in the Twelfth District was somewhat subdued but largely stable during the mid-February through March ...

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 ...

With host Maria Shilaos, President Daly discussed the overall economy and what she is hearing from Utahns after her recent in-district visit. Listen to the interview here (07:54-13:09). The Federal ...

Public institutions like the Federal Reserve must evolve to meet new challenges and allow for new possibilities. At the Fed, ...

San Francisco Federal Reserve President Mary C. Daly said the U.S. economy is fundamentally solid, the ​labor market has ...

We develop an endogenous measure of anchoring for short-run expected inflation in a New Keynesian model with full-information ...

We evaluate whether LLMs have had any discernible impact on the aggregate labor market so far. We focus on occupations that are computer programming-intensive, motivated by data showing that coding is ...

I develop a framework analyzing how artificial intelligence (AI) reshapes monetary policy through three interrelated channels: cyclical transmission, structural transition, and financial stability. In ...

This data series is part of the Center for Monetary Research. The Treasury yield premium model by Jens H.E. Christensen and Glenn D. Rudebusch (CR) decomposes the nominal yield curve into three ...