Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...

Calendar-year inflation forecasts from Federal Open Market Committee meeting participants typically start near 2% and then ...

We document key stylized facts about the time-series trends and cross-sectional distributions of AI pricing and study its ...

The COVID-19 inflation surge experienced abroad undoubtedly left its mark on U.S. inflation. As global economies return to business as usual, it is natural to ask whether international considerations ...

I’m delighted, and it’s good to see everybody in the audience. Thank you for having me. Well, I think the jobs market data being revised and going back and forth is just a good lesson of why you can’t ...

Although homeownership is commonly portrayed as a single household living in a detached house, homeownership in the U.S. includes an array of opportunities, some of which provide more affordable entry ...

At an event hosted by New York University Stern School of Business, President Mary C. Daly discussed the progress the Federal Reserve has made in bringing inflation down and the importance of looking ...

The economy has significantly improved from just two years ago. Inflation has fallen substantially, and the labor market has returned to a more sustainable path. A soft landing is achievable, and the ...

Small businesses play an important role in the American economy, both as employers, and as drivers of economic activity in local communities. In recent years, many small business owners have had to ...

CPI Inflation Contributions from Goods and Services updates data on how much different types of goods and services contribute to changes in consumer price index (CPI) inflation. This tool is intended ...

Standard asset pricing models reconcile high equity premia with smooth risk-free rates by inducing an inverse functional relationship between the mean and the variance of the stochastic discount ...

Communities and businesses play a crucial role in shaping the Federal Reserve’s monetary policy. To inform our decision-making, the San Francisco Fed hosts discussions with the people we serve so we ...