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

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

A new indicator—the Inflation Shock Momentum Index—can help identify emerging inflationary or disinflationary pressures in real time. The index tracks the shares of consumer spending categories that ...

This data series is part of the Center for Monetary Research. This site presents a weekly and monthly series of the proxy funds rate, following Doh and Choi (2016), Choi, Doh, Foerster, and Martinez ...

The new SF Fed Policy Calibration Tool is designed to help construct a monetary policy path that aligns with one’s views of ...

In this paper we exploit 150 years of tariff policy in the US and abroad to estimate the short-run effects of tariff shocks on macro aggregates. A careful review of the major changes in US tariff ...

The personal consumption expenditure price index (PCEPI) is one measure of U.S. inflation, tracking the change in prices of goods and services purchased by consumers throughout the economy. Of all the ...

PCE Inflation Contributions from Goods and Services provides monthly updates on price changes for the broad categories of goods and services that U.S. households consume, as measured by personal ...

Supply- and Demand-Driven PCE Inflation updates data on the contributions to personal consumption expenditures (PCE) inflation from supply-driven versus demand-driven components. This tool is intended ...

Cyclical and Acyclical Core PCE Inflation updates data on the contributions to core personal consumption expenditures from cyclical and acyclical components, based on the methods described in Mahedy ...

Using a novel arbitrage-free dynamic term structure model of nominal and real bond prices that accounts for bond-specific liquidity risk premia, this paper provides estimates of bond investors’ ...