Firm heterogeneity in financial constraints is a quantitatively important driver of how monetary policy transmits to ...

Inflation expectations among businesses can affect how they set current prices. Firms’ expectations diverged from those of ...

A new indicator—the Inflation Shock Momentum Index—can help identify emerging inflationary or disinflationary pressures in ...

Local data presented by Federal Reserve Bank of San Francisco staff at the San Joaquin Valley Financial Empowerment convening ...

Firm heterogeneity in financial constraints is a quantitatively important driver of how monetary policy transmits to inflation. Using detailed microdata on Swedish public and private firms, and ...

Thomas M. Mertens, senior vice president and associate director of research at the Federal Reserve Bank of San Francisco, ...

Measures of beliefs, sentiment, and narratives often send recession signals that differ from those in hard data, defined as conventional economic and financial indicators. Using a real-time ...

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 ...

Recent surges in trade policy uncertainty highlight the fragility of global supply chains, prompting businesses to consider reshoring—moving production from abroad to domestic locations. Reshoring can ...