Commercial banks have led the adoption of artificial intelligence (AI) in recent years. Evidence suggests that banks using AI ...

The SF Fed's Michael Fernandez and Brian Weaver discuss the bank's cash operations with the San Francisco Standard.

As communities prepare for Opportunity Zones (OZ) 2.01, many are exploring strategies to make effective use of this incentive for community development. One promising approach is to consider how OZs ...

Output in the United States exhibited strong growth in 2023 and 2024, returning to its prepandemic trend. This comeback stands in contrast to the experience of many other countries—for example, output ...

We construct a new high-frequency measure of risk appetite shifts around Federal Open Market Committee (FOMC) meetings, the common component of changes in risk-sensitive indicators. Fed policy actions ...

This data series is part of the Center for Monetary Research. The Treasury yield premium model by Jens H.E. Christensen and Glenn D. Rudebusch (CR) decomposes the nominal yield curve into three ...

Rapid advances in emerging technologies are reshaping both how consumer fraud and scams unfold and how institutions detect and respond to these risks. These dynamics carry particular consequences for ...

The Daily News Sentiment Index is a high frequency measure of economic sentiment based on lexical analysis of economics-related news articles. The index is described in Buckman, Shapiro, Sudhof, and ...

Interest rates are essentially the cost of borrowing money. Monetary policy uses adjustments in interest rates to stimulate or restrict economic activity to achieve economic goals. Interest rates can ...