President Mary C. Daly participated in a conversation at Stanford University’s Hoover Institution with Senior Fellow John H.

Economic activity in the Twelfth District was stable on balance during the October to mid-November reporting period.

Access to water is necessary to sustain human civilization and agricultural production. Recent analysis finds that most of ...

In order to keep the economy in a good place we have to continue to recalibrate policy,” Daly told Fox Business’ Edward ...

We identify corporate commitments for reductions of greenhouse gas emissions—green pledges—from news articles using a large ...

Watch our Economic Letter video with Huiyu Li, research advisor, to learn more about productivity growth and its cyclical ...

For media inquiries, please contact the media team. Watch Mary C. Daly’s discussion with New York Times reporter Jeanna Smialek on banking and the economy.

Ultimately, what people want is price stability, lower inflation, bringing it fully back to target and an opportunity to ...

The Phillips curve plays a central role in the macroeconomics literature. However, there is little consensus on the forcing variable that drives inflation in the model, i.e., on the appropriate ...

Access to water is necessary to sustain human civilization and agricultural production. Recent analysis finds that most of U.S. land area, economic activity, and agricultural production are in regions ...

We examine the impact of systematic media reporting on household inflation expectations, focusing on how selective news coverage influences household responses to inflation news. In a model where ...

This paper reviews how productivity has evolved around the world since the pandemic began in 2020. Productivity in many countries has been volatile. We conclude that the broad contours of productivity ...