🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Elevated uncertainty is clouding the economic outlook. In the latest SF FedViews, economist Adam Shapiro writes that increased uncertainty tends to reduce aggregate demand for goods and services in the economy. sffed.us/3EBZANE

Our latest newsletter is out—catch up on the latest from the Twelfth District: sffed.us/APRIL25 Don’t miss out on the latest  research, analysis, insights on the economy from the SF Fed—subscribe today!

The natural rate of interest, also known as r-star, is the real short-term rate that should prevail when an economy is at full strength and inflation is at its target. A new SF Fed Economic Letter tracks the fall and rise of r-star in the euro area. sffed.us/4j2KkYi

States that had higher prices before the pandemic got hit with steeper pandemic-era inflation than states with lower prices. Read about the growing price disparities here: sffed.us/4ckzXxc