"It’s exciting to have a CEO from Hawaii on this advisory board, and I look forward to contributing," said Ed Schultz.
The Fed’s big announcement Wednesday on interest rates was no surprise. But it will still impact Californians and their money. The Federal Open Market Committee said that after reviewing the economic climate during its two-day regularly scheduled meeting,
Ryan Yamamoto reports on the push by new San Francisco Mayor Daniel Lurie to declare a state of emergency in order to better address fentanyl dealing and use in the city.
SEIU Local 87 said people who identified themselves as federal immigration authorities attempted to access five downtown San Francisco office buildings Friday.
Key data points for Thursday, February 6 include weekly jobless claims and productivity data. The week wraps up on Friday, February 7, with the U.S. employment report, including the unemployment rate and hourly wages. Additional reports on wholesale inventories, consumer sentiment, and consumer credit will round out the economic calendar.
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The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve ... Association meeting in San Francisco.
Jessica García joined the Government + Civic Relations team at the Federal Reserve Bank of San Francisco in May 2024. As a program manager, she is responsible for engaging with government stakeholders and works to promote the SF Fed’s research and tools ...
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Until then, Trump's comments Thursday suggest he expects to regularly second-guess the Fed in public, despite a decades-long tradition among previous presidents of taking a hands-off approach to the central bank. Former president Joe Biden reappointed Powell, rather than replacing him, in a nod to central bank independence from politics.
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season. The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.