Huiyu Li, research advisor at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook ...

According to household surveys, inflation expectations tend to move together with expectations for gasoline price changes.

The U.S. unemployment rate has trended down for decades. Estimates after removing business cycle fluctuations show that the ...

Most housing research relies on a single-margin model where a single housing price relates to a single housing quantity. We ...

Economic activity in the Twelfth District was little changed during the July to mid-August reporting period. Employers largely maintained employment levels. Wages were up slightly. Prices rose ...

With the emergence of artificial intelligence, data center construction has surged with plans for more to become operational in the coming years. The growth of data centers poses challenges to the ...

Since employment dynamics are persistent, a central bank’s dual mandate to promote maximum employment and price stability ...

The arrival of ChatGPT in late 2022 set off a wave of optimism about artificial intelligence and its potential to transform the economy. Yet actual productivity numbers seem to reflect a more modest ...

Nearly 40% of small business respondents to the 2024 Small Business Credit Survey (SBCS) reported either using or planning to use artificial intelligence (AI), revealing a rapidly evolving landscape ...