Serving the western U.S. with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all. RT ≠ endorsements
Salt Lake Community College President Dr. Deneece Huftalin talks about how the college student experience has changed from her generation, and how institutions of higher learning have to change to meet them, as part of our
#SFFedInDialogue
series.
@SaltLakeCC
@SLCCHuftalin
Do we know when a recession will happen? Our latest Economic Letter discusses the jobless unemployment rate as an advance predictor of recessions: |
#SFFedResearch
#EconTwitter
#Unemployment
Calling all college graduates! We are looking for a full-time Research Associate to join our Economic Research team. You'll use your analytical skills to support academic research. Apply here: |
#EconTwitter
#SFFedJobs
#Hiring
@econ_ra
Today is
#NationalInternDay
! In celebration we’re featuring a handful of our very own
#SFFedInterns
over the next weeks. First up, Seth Bell, a triple major at
@willamette_u
and research
#intern
here, who is also on a music scholarship.
As we start our celebration of
#BlackHistoryMonth
, we'd like to share a story from our own Nadir H. Wright on Martin Luther King Jr. and what
#MLKday
means to him. Read his story on
#medium
here:
Founded in 1976,
@BORP_org
's mission is to improve the health, independence and social integration of children, youth and adults with physical disabilities and visual impairments through sports, fitness, and recreation programs.
#SFFedVolunteers
Last week a group of
#SFFedVolunteers
helped clean up boats at
@BORP_org
to support the Bay Area Outreach & Recreation Program’s brand-new Adaptive Kayaking Program.
Although poverty rates remained high in the largest cities in the metropolitan area, the greatest share of people experiencing poverty lived in suburbs. Read our latest Community Development research brief for the full picture on
#suburbs
and
#poverty
:
Do you have a jar of loose coins? These coins build-up over time and don't always make it back to the banks, retailers, and those who depend on cash and coin for daily transactions. Make sure to
#GetCoinMoving
today. For more info visit: |
#Coin
#Cash
How much has remote work and high
#housing
demand contributed to
#inflation
? Our latest Letter suggests the shift to remote work accounts for more than half of overall house price increases and similar increases in rents: |
#SFFedResearch
#EconTwitter
Vivienne Ayala shares her experience growing up as a mixed-race American, lessons learned from her parents, and how she’s been able to find community through Unidos, our Latino Employee Resource Group: |
#HispanicHeritageMonth
#HispanicHeritageMonth2022
#Latinos
are a critical part of our District’s economy and the U.S. economy at large. We’re studying and sharing the economic contributions of Latinos to the U.S. to promote an economy that works for all: |
#HispanicHeritageMonth
#HispanicHeritageMonth2022
From possible veterinarian to self taught programmer, former Information + Technology Services intern Faith Blue has finally found a career path that makes her happy. She shares her experience as a summer intern at the SF Fed in our latest
#unreserved
:
Our first profile features Richard Argueta-Xiloj from District Cash Support, whose journey to the Fed has been shaped by his Guatemalan heritage and unyielding support from his family: |
#HispanicHeritageMonth
#HispanicHeritageMonth2022
We're thrilled to be named Agency of the Year by
@wbecp
for our continued growth and ability to address change! This wouldn't have been possible without Lynn Reddrick and the entire supplier diversity team at the Bank, thank you for all your efforts!
#womenintech
#womeninbusiness
According to the latest
#BeigeBook
, economic activity in the 12th District expanded modestly. Labor market conditions remained tight, and
#employment
levels grew at a modest pace. For more on price levels,
#retail
, and
#realestate
activity, visit:
With drought comes economic consequences, including increased fire risk, water restrictions, and increased insurance costs. Take a look into drought-related impacts felt in our district in early 2022: |
#SFFedClimate
#ClimateWeekNYC
Today’s travel tip – always carry extra cash and know how to authenticate it. The CEP's 20-minute training course will help you handle cash confidently. Try it today: |
#Cash
#USCurrency
How can monetary policy successfully reduce
#inflation
? In our latest letter, President Daly discusses the resolute and mindful approach that guides her policy decisions [in the current economic environment]: |
#SFFedResearch
#EconTwitter
#Economy
“We’re really quite a ways away from paying what [child care] providers and teachers need to earn...” - Michael Olenick, President and CEO, Child Care Resource Center.
Read the four key takeaways from our Fed Listens event focused on care work:
Is there another way to predict recessions? Our latest Economic Letter suggests that the jobless
#unemployment
rate as a predictor is almost as accurate as the Treasury yield curve but more accurate in the near term: |
#SFFedResearch
#EconTwitter
What is the role of care work in supporting the ongoing economic recovery from the pandemic? Here are the four key takeaways from our Fed Listens event focused on child care: |
#CareWork
#ChildCare
#Parents
#Mothers
It's
#ClimateWeekNYC
! The economic impacts of a changing
#climate
affects our core responsibilities and our commitment to promoting a healthy and sustainable economy. Let's take a look back at our recent work to see the implications of
#ClimateRisk
.
#SFFedClimate
How have employment levels for Hispanic mothers changed since the pandemic? Copy and paste the chart code 111096009917096125241200000000 into our new SF Fed Data Explorer and dig into the data for yourself! |
#SFFedDataExplorer
#Employment
#EconTwitter
We're looking for a full-time Research Associate to join our Economic Research team. You'll use your analytical skills in economics, finance, statistics, and programming to support academic research. Apply here: |
#EconTwitter
#SFFedJobs
#Hiring
@econ_ra
Do we know when a recession will happen? Our latest Economic Letter discusses the jobless unemployment rate as an advance predictor of recessions: |
#SFFedResearch
#EconTwitter
#Unemployment
HR Generalist David Jackson reflects on his life growing up in Seattle, his career, and his passion for poetry as part of our celebration of
#BlackHistoryMonth
. Read David's story and hear his spoken word in our latest
#medium
piece:
Both supply and demand have been pointed out as responsible factors for current inflation. Our recent Letter assesses the extent to which each explains current inflation levels: |
#SFFedResearch
#EconTwitter
#Inflation
#Economy
The Federal Reserve Bank of San Francisco announced today that its Board of Directors has appointed Mary C. Daly to the position of president and chief executive officer, effective October 1, 2018. Read more: |
#sffedsearch
What is driving inflation higher? Our recent Letter assesses the extent to which supply and demand factors are responsible for current elevated inflation levels: |
#SFFedResearch
#EconTwitter
#Inflation
#Economy
Today is Mary Daly’s 1st official day as President & CEO! To commemorate the occasion, we wanted to share “10 Things You Didn’t Know About Mary." From research highlights to her artistic pursuits, we’re excited for you to get to know her better!
#ItsaNewDaly
#Marys10
#October1st
“The deepest insecurity of economics is that it's not a science. And one of the consequences of that insecurity is we build up a lot of walls to protect us from that fear.” -
@m_sendhil
#RacismandtheEconomy
Will
#COVID19
change the divide between urban and rural communities? How will cities evolve post-pandemic? Join our next New Future of Work panel on Monday, November 23 as we imagine what work looks like in a post-pandemic world. Register:
#NFOW2020
How has the return to work differed by age group since COVID-19? Use the SF Fed Data Explorer to dig into the research! Learn how by watching our quick video tutorial! And learn all about it here: |
#SFFedDataExplorer
#COVID19
#Data
Mary is an internationally recognized scholar whose published work on economic inequality, unemployment dynamics, disability and retirement policy is frequently cited. Get to know our new president: |
#sffedsearch
... And that's a wrap on the "10 Things You Didn't Know About Mary!" We hope you enjoyed this
#BehindTheTweets
look at our new President. We're so excited for her new chapter! To start us off, here's a sneak peek of her first day as CEO.
#ItsANewDaly
#Marys10
#BehindTheScenes
The inverted yield curve has been a reliable predictor of
#recessions
. Still, it’s important to know that correlation between the
#yield
curve and recessions doesn't identify causation. Our latest
#EconomicLetter
explores:
This week, John Williams officially wraps up his time at the SF Fed & will be joining the
@newyorkfed
as President & CEO. As they share their
#DearJohninNYC
tips throughout the day, here are a few things we think John might miss from the West (best) Coast…
#JWFarewell
Our Economic Research department is comprised of incredible women, from Research Associates to Economists. We asked them how they got interested in Economics and for their advice to women wanting to join the field: |
#WomeninEcon
#FedCollegeWeek
Recent labor market data is tracking along the Beveridge Curve, implying that job openings can decline quite a bit without a noticeable increase in unemployment. Check out the
#SFFedDataExplorer
and our latest video for more: |
Does the federal funds rate fully capture the recent stance of U.S. monetary policy? Our Letter suggests that incorporating forward guidance & balance sheet reductions implies a tighter policy stance: |
#SFFedResearch
#EconTwitter
#MonetaryPolicy
#Economy
How can we address climate change risk in low- and moderate-income communities? Our latest publication explores different opportunities in the
#commdev
sector to help prepare for a changing world:
How does uncertainty about a future green economy produce financial risk? Our latest
#EconomicLetter
discusses possible paths for carbon emissions and climate-related financial risk: |
#SFFedResearch
#EconTwitter
As the
#coronavirus
situation evolves, we are committed to being part of the solution. President Daly shares how we’re supporting our employees, our communities, and the nation during this challenging time. Watch here:
"We want you to be yourself and bring your unique perspective to the profession of economics." Thanks to the students of
@HowardU
for the great questions & incredible conversation with President Daly on
#diversity
&
#inclusion
in economics!
Why aren’t U.S. workers working? Our
#EconomicLetter
finds ¾ of
#laborforce
participation gap between the U.S. and
#Canada
can be explained by
#women
. Reversing U.S. participation trends could add 5 mil. workers.
"What I learned is that the practice of equity requires accountability. And it takes work." In her speech from the Uneven Outcomes in the Labor Market Conference, President Daly shares her personal story on bias, equity, and the outcomes we create.
#SFFedEquity
Huge thanks to the
@Quora
team for hosting our own
@marydalyecon
yesterday! From touring their Mt. View offices to doing a Q&A with their summer
#interns
and meeting with Quora's own
@kellybbattles
, it was such a treat. Thanks again for your hospitality! Until next time.👍
U.S. households continue to hold more savings than they did in the pre-pandemic period. Our latest Letter estimates that around $500 billion in excess savings remain in the aggregate economy: |
#SFFedResearch
#EconTwitter
#Savings
#Pandemic
#Economy
What is the likely path for shelter inflation? Our latest Letter suggests the recent slowdown in asking rents and house prices indicates shelter inflation may decline significantly in the future: |
#SFFedResearch
#EconTwitter
#Rent
#Housing
#Inflation
Do rapid increases in asking rents and house prices foreshadow increases in future inflation? Our latest Letter examines housing market indicators to help predict the path of overall inflation: |
#SFFedResearch
#EconTwitter
#Housing
#Rents
#Inflation
A decade after the financial crisis, the U.S.
#economy
remains smaller than it should be based on its earlier growth trend, a lifetime income loss of about $70,000 for every American.
The San Francisco Fed stands united against racism, hate and violence. We are dedicated to building an economy that works for everyone. Read the full statement here:
Why does kindness matter in public service, especially during these times? President Daly will host a
@Quora
Q&A session tomorrow at 1:00 p.m. PT. Visit her
@QuoraSessions
and submit your questions here:
Our employee resource group FedAble & EVP Roger Replogle hosted a talk with actor Ed Asner, son Matt & daughter-in-law Navah of the
@EdAsnerCenter
, where they discussed their experiences raising children with
#autism
. Thank you for an enlightening discussion!
Happy
#InternationalWomensDay
! This
#IWD2020
we're committed to doing our part to fight bias and challenge stereotypes. Here's our
#SanFrancisco
office wearing purple in support of women’s achievements. Huge thanks to the
#FedWomen
that came before us!