News

Information the San Francisco Fed collects from businesses and community sources for the Beige Book provides timely insights ...
President Daly shared her latest insights on both the US and Alaska economy with Alaska Public Media news host Ava White.
President Daly shared her latest insights on the Fed’s path forward amid continued uncertainty with Reuters’ Ann Saphir. The ...
It’s a pleasure to be back in Alaska and to be here at the Anchorage Economic Summit. I’ve been looking forward to this for some time. I see many familiar faces, people I have known for a long time ...
Unemployment insurance benefits were expanded substantially to help overcome the pandemic labor market shock in early 2020. However, improved labor market conditions in early 2021 prompted many states ...
In its fifth iteration, the Diary of Consumer Payment Choice data show that cash continues to be used extensively for small-value purchases - representing nearly half of all payments under $10 and 42 ...
Monetary policy is often regarded as having only temporary effects on the economy, moderating the expansions and contractions that make up the business cycle. However, it is possible for monetary ...
The 2023 Diary of Consumer Payment Choice finds that that 2020’s shift away from cash and toward credit card payments has continued. Consumers continued to reach for credit cards at a higher rate in ...
In its sixth iteration, the Diary of Consumer Payment Choice data show that consumers used cash for 26 percent of all payments, and that it is used for nearly 47 percent of payments under $10.
In response to the COVID-19 pandemic, the Federal Reserve cut the federal funds rate to essentially zero. It took further measures to support the functioning of financial markets and the flow of ...
Extreme heat decreases labor productivity in sectors like construction, where much work occurs outdoors. Because construction is an important component of investment, lost productivity today will slow ...