Inflation expectations among businesses can affect how they set current prices. Firms’ expectations diverged from those of ...
Firm heterogeneity in financial constraints is a quantitatively important driver of how monetary policy transmits to ...
Local data presented by Federal Reserve Bank of San Francisco staff at the San Joaquin Valley Financial Empowerment convening ...
Thomas M. Mertens, senior vice president and associate director of research at the Federal Reserve Bank of San Francisco, ...
A new indicator—the Inflation Shock Momentum Index—can help identify emerging inflationary or disinflationary pressures in ...
Measures of beliefs, sentiment, and narratives often send recession signals that differ from those in hard data, defined as ...
Economic activity in the Twelfth District was somewhat muted but largely stable during the mid-May through June reporting ...
Nearly 40% of small business respondents to the 2024 SBCS reported using or planning to use artificial intelligence (AI), ...
Firms frequently revise not only their expectations, but also how uncertain they feel about those expectations. Using the U.S ...