Federal Reserve Bank
of San Francisco Federal Reserve Bank
of San Francisco

Press Releases

  • Carol K. Nelson Appointed to Seattle Branch Federal Reserve Board

    The Federal Reserve Bank of San Francisco has appointed Carol K. Nelson, Pacific region executive and Seattle market president of Cleveland-based KeyBank to the Seattle Branch board of directors.

  • Fed’s Williams “not that worried” about Q1 GDP numbers

    Citing research by his staff economists and others, Q1 GDP figures were, “much better than they seemed,” said John C. Williams, president and CEO of the Federal Reserve Bank of San Francisco

  • Labor market continues to improve: SF Fed President Williams

    San Francisco, California – The labor market has shown “continued, solid improvement,” said John C. Williams, president and CEO of the Federal Reserve Bank of San Francisco. “Not only has there been strong job growth, but the data show most of those new jobs are full-time and higher paying.” Williams gave his forecast at a […]

  • Monetary policy “poorly suited” to deal with financial stability: SF Fed Pres. Williams

    Singapore — While all tools should be considered to avoid a financial crisis, the president of the San Francisco Fed is “unconvinced that monetary policy is one of them.” Williams made the remarks in a keynote address to an international symposium on regulatory reform, co-hosted by the SF Fed and the Monetary Authority of Singapore. […]

  • Theodore F. Craver, Jr. joins Federal Reserve Bank of San Francisco’s Economic Advisory Council

    Theodore F. Craver, Jr. San Francisco, CA – The Federal Reserve Bank of San Francisco announced that Theodore (Ted) F. Craver, Jr., chairman, president and CEO of Edison International, was appointed a member of the Federal Reserve Bank of San Francisco’s Economic Advisory Council (EAC). Edison International is the parent company of Southern California Edison, […]

  • “Every FOMC meeting is on the table”: Fed’s Williams

    New York, New York — Reiterating that all policy decisions will be data-driven, John C. Williams, president and CEO of the Federal Reserve Bank of San Francisco, said today that the economy’s solid footing convinced him that rates should be raised before inflation reaches the Fed’s 2 percent target. “As I have made possibly overly-clear, the […]

  • Legislating Policy Rules Hurts in Times of Crisis

    Orange, CA — Legislating that a central bank follow a strict set of operational mandates restricts its freedom to react in crises and limits “the discretionary decision making” of the Fed, said one of its top officials on Friday. Speaking at Chapman University in Orange, California, John C. Williams, CEO and president of the Federal […]

  • Jacqueline D. Reses joins Federal Reserve Bank of San Francisco’s Economic Advisory Council

    Jacqueline D. Reses, chief development officer for Yahoo, was appointed a member of the Federal Reserve Bank of San Francisco’s Economic Advisory Council (EAC).

  • Fed’s Williams: Lags in Monetary Policy Argue for Raising Rates Sooner Rather than Later

    Honolulu, HI — Given the lag between the implementation of monetary policy and its full effects, John C. Williams today said that he believed the federal funds rate should be lifted before inflation reached the Fed’s preferred 2 percent goal. Mr. Williams, President and CEO of the Federal Reserve Bank of San Francisco, laid out […]

  • New Leadership and Membership Changes for Federal Reserve Bank of San Francisco’s Economic Advisory Council

    San Francisco, CA – The Federal Reserve Bank of San Francisco announced that George Zinn, corporate vice president and treasurer of Microsoft Corporation and John E. “Jack” Pelo, president and CEO of Swire Coca-Cola USA, were appointed chair and vice chair of the Federal Reserve Bank of San Francisco’s Economic Advisory Council (EAC). Mr. Zinn […]