New data shows continued contraction in homebuying market in 2023, though impacts varied across groups and geographies.

A decrease in oil supply drives up oil prices, which can raise unemployment and inflation. To counter adverse effects on ...

Using data from the euro area SAFE, a novel survey of firms’ inflation expectations including a randomized controlled trial ...

This paper introduces the U.S. Monetary Policy Event-Study Database (USMPD), a novel, public, and regularly updated dataset of financial market data around Federal Open Market Committee (FOMC) policy ...

This week’s FOMC decision was not an easy choice. Our goals are in conflict. Inflation is above target, the labor market is softening, and there are risks to both sides of our mandate—maximum ...

The Center for Pacific Basin Studies (CPBS) organizes the Asia Economic Policy Conference (AEPC) series and the Pacific Basin Research Conference series in alternating years. The AEPC is the flagship ...

Since 1974, the Federal Reserve Bank of San Francisco has conducted an active Pacific Basin program to promote cooperation among central banks in the region and enhance public understanding of major ...

San Francisco Fed President Mary C. Daly explains why the FOMC’s latest policy decision leaves the central bank well positioned to achieve its goals of maximum employment and price stability.

The unemployment rate has risen over half a percentage point since the second quarter of 2023. Individual survey data underlying the unemployment rate can help in assessing which labor market ...

Labor force participation among U.S. men and women ages 25 to 54 has been declining for nearly 20 years, a stark contrast with rising participation in Canada over this period. Three-fourths of the ...

At the onset of the pandemic in 2020, US consumers dramatically changed how they purchased goods and services, favoring credit cards by a significant margin and increasing their use of online payments ...

The longest-term U.S. Treasury bonds that investors can buy mature in 30 years. Some other countries offer up to 50-year government bonds. Examining these foreign bond markets and extrapolating U.S.