But knowledge gives us power—to separate facts from fears, speculation from reality, and worst-case scenarios from more likely outcomes. And this is my topic for today. What we know about AI, what ...
The Federal Reserve designed its Paycheck Protection Program Liquidity Facility to ease liquidity issues and support small ...
The large increase and subsequent decline of unauthorized immigrant workers in recent years have raised questions about the impact of these changes on local labor markets across the United States. New ...
In 2024, the San Francisco Fed and the Federal Reserve System Innovation Office launched the EmergingTech Economic Research Network (EERN) to support a better ...
This paper examines the evolution of artificial intelligence (AI) patent rates (i.e., the number of AI patents/number of firms of the same type) and concentration metrics (i.e., the ...
While the risks to price stability versus maximum employment – the Fed's two congressionally mandated goals – look "relatively balanced,” Daly said, the ...
Recent research suggests that generic large language models (LLMs) can match the accuracy of traditional methods when forecasting macroeconomic variables in ...
Speaker: Angus Foulis, Bank of England Jonathon Hazell, London School of Economics Atif Mian, Princeton University Belinda Tracey, Bank of England Download paper (Mian) (pdf, 2 mb) ...