A range of tariffs on U.S. imports has been enacted or considered recently. Trade tariffs can potentially affect price inflation for consumption and investment goods. Estimates suggest that the impact ...

As distorted maps may mislead, Natural Language Processing (NLP) models may misrepresent. How do we know which NLP model to trust? We provide comprehensive guidance for selecting and applying NLP ...

This paper introduces a novel measure of firm-level Artificial Intelligence (AI) Research & Development—the AIR Index—derived from the semantic similarity between earnings conference call transcripts ...

Mary C. Daly, President and Chief Executive Officer Federal Reserve Bank of San Francisco University of Nevada, Las Vegas Las Vegas, NV April 20, 2022 08:25 AM PDT Remarks as prepared for delivery. I ...

The following eight vehicles are among the most common community development investments. Click the links for an expanded summary of the vehicle and a longer article explaining its use and place in ...

The EQ2 product is a long-term deeply subordinated loan with features that make it function like equity. These features must be present under current bank regulatory restrictions. Without them, this ...

Mortgage originators can either (1) hold a new mortgage in their portfolio, (2) sell the mortgage to an investor or conduit or (3) use the mortgage as collateral for the issuance of a security. An MBS ...

Hosted by the Federal Reserve Bank of Atlanta, Mary C. Daly, Federal Reserve Bank of San Francisco President and CEO will join Beth M. Hammack, Federal Reserve Bank of Cleveland President and CEO at ...

Mary C. Daly, President and Chief Executive Officer Federal Reserve Bank of San Francisco Los Angeles World Affairs Council & Town Hall Los Angeles, CA February 23, 2022 12:30 PM PST Remarks as ...

CDVC organizations use the tools of venture capital to conduct community and economic development activities as defined in the CRA regulation. CDVC funds make equity and equity-like investments in ...

Using a two-country monetary union framework with financial frictions, we quantify the efficacy of targeted asset purchases, ...

The natural rate of interest, also known as r-star, is a key variable for analyzing fiscal and monetary policy. A novel method of measuring this rate for the euro area uses a yield curve model ...