The Latest Breaking News from the Federal Reserve Bank of San Francisco

Fed's Daly Says Continued Chip Shortages Could Help Fuel Inflation For Longer

"This is probably further out before we get relief," Mary Daly said when discussing AI-related demand constraints.

International Business Times · Oct 7

Fed Study Highlights Immigration's Critical Role in Sustaining U.S. Labor Force Growth

New research from the Federal Reserve Bank of San Francisco concluded that immigration has become essential to sustaining the size of the U.S. labor force, and that recent drops in net migration could limit its growth in the years ahead.

International Business Times · Nov 25, 2025

Fed Chair Daly Urges Caution In Rate Cuts Decision

The President of the Federal Reserve Bank of San Francisco, Mary C. Daly, has stated that the Federal Reserve should not rush to cut interest rates unless it is deemed necessary. Daly's comments come amidst growing speculation about the possibility of the Fed implementing rate cuts to stimulate the economy.

Top News · Apr 16, 2024