Explore the SF Fed's insights and research on financial markets, including topics such as financial conditions, U.S. Treasury markets, securities and derivatives, and more.

The president and chief executive officer of the Federal Reserve Bank of San Francisco serves the Twelfth District, covering the nine western states, plus American Samoa, Guam, and the Commonwealth of ...

Lawrence D.W. Schmidt, associate professor of finance at the Rady School of Management, UCSD, delivered a live presentation on the impact of AI on labor and wages on July 1, 2026. EERN hosts multiple ...

To better understand the possible impacts of artificial intelligence (AI) on the economy, the Federal Reserve Bank of San Francisco published the 2025 research brief “On-the-Job Exposure to AI Among ...

Rocio Sanchez-Moyano is a senior researcher in Community Engagement and Analysis at the Federal Reserve Bank of San Francisco. In this role, she conducts research on the economic experiences of ...

Nearly 40% of small business respondents to the 2024 Small Business Credit Survey (SBCS) reported either using or planning to use artificial intelligence (AI), revealing a rapidly evolving landscape ...

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, shared views on the current economy and the outlook from the Economic Research ...

Measures of beliefs, sentiment, and narratives often send recession signals that differ from those in hard data, defined as ...

Economic activity in the Twelfth District was somewhat muted but largely stable during the mid-May through June reporting ...