SF Fed Blog
-
Economic Letter Countdown: Hot Topics from 2023
With the new year right around the corner, here’s a countdown of our own to close out 2023. Check out the list of our most popular FRBSF Economic Letter topics of the year, featuring research insights from San Francisco Fed economists.
-
Data Revisions and Pandemic-Era Excess Savings
U.S. household savings rose and fell at unprecedented rates since the onset of the pandemic recession. Comprehensive data revisions by the Bureau of Economic Analysis show that households continue to hold significantly more savings than previously estimated. Our updated estimates suggest that more than $400 billion of accumulated excess savings remains in the aggregate economy, and those funds are likely to continue being drawn down into the first half of 2024.
-
Union Leaders Discuss the Economy
In a recent roundtable with the SF Fed, Pacific Northwest union leaders described how recent high inflation was affecting their members.
-
Excess No More? Dwindling Pandemic Savings
U.S. household savings rose and fell at unprecedented rates since the onset of the pandemic recession. Updated estimates suggest that only a small fraction of accumulated excess savings remains in the aggregate economy and that those funds are likely to be depleted during the third quarter of 2023.
-
Questions on Inflation and the Economy? Watch the Quick Clips from Ask the SF Fed
Questions on Inflation and the Economy? Watch the Quick Clips from Ask the SF Fed. Sylvain Leduc, Director of Economic Research, answered a set of pre-submitted questions from the public during our event on February 7, 2023.
-
A Conversation with Mark Gould on FedNow and the Future of Payments
Mark Gould, the Federal Reserve System’s chief payments executive, discusses the launch of FedNow and why he’s excited to deliver the closing remarks at the 2023 Fintech: Innovation, Inclusion and Risks Conference in Santa Clara, CA.
-
Rising Interest Rates Dampen District’s Housing Market Activity
Supervision + Credit’s quarterly First Glance 12L report that rising interest rates weighed on District housing market activity, with prices declining since May and existing home sales settling at their lowest level since early 2008.
-
How Does Worker Health and Safety Matter for Full Employment?
In this interview, Visiting Scholar Lola Loustaunau discusses her research with food processing workers in Oregon and Washington, how worker health and safety relates to full employment, ways to address barriers workers face, and COVID-19’s impact on workers in essential industries.
-
Finding a Way to Measure How Tight Monetary Policy Is
How can we gauge the tightness of monetary policy? The SF Fed’s new monthly Proxy Funds Rate page focuses on financial market indicators to measure monetary policy tightness beyond what the federal funds rate level can show.
-
How Is Inflation Affecting Our Paychecks? Watch Our Latest Tutorial Video
Have people’s earnings kept up with inflation since the pandemic recession? Our new video teaches you how to compare nominal and real earnings using the SF Fed Data Explorer.