Changes in overall economic conditions may affect real household income levels and also how income is distributed across ...

Monetary policy is forward-looking and dependent on policymakers’ economic outlook. When the outlook is deemed highly ...

The Center for Pacific Basin Studies at the Federal Reserve Bank of San Francisco and the Department of Economics at Santa ...

Lack of access to homeownership options is a barrier to participation in the economy for low- and moderate-income communities. While homeownership is the primary form of wealth accumulation in the U.S ...

The Federal Reserve Bank of San Francisco, the Lam-Larsen Fintech Initiative at San Francisco State University, and the Center for Analytical Finance at the University of California at Santa Cruz are ...

Economic activity in the Twelfth District ticked down during the January to mid-February reporting period. Employment levels were generally stable, and labor availability continued to improve. Wages ...

Housing prices surged as housing inventories dropped to historically low levels in the first two years following the onset of the pandemic. In our Economic Letter, “Pandemic-Era Demand Squeezed ...

Internal migration has been cited as a key channel by which societies will adapt to climate change. We show in this paper that this process has already been happening in the United States. Over the ...

Monetary policy is forward-looking and dependent on policymakers’ economic outlook. When the outlook is deemed highly uncertain, policymakers may put more weight on incoming data when making monetary ...

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 ...