What Is the Maximum Employment Rate? And What Is the Desired Inflation Rate? The Federal Reserve Bank of San Francisco defines “maximum employment” as an unemployment rate of 4% or less.

The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal.

Federal Reserve Bank of San Francisco (Bank) is a United States-based central bank. The Bank is engaged in informing monetary policy, regulate banks, administer certain consumer protection laws, and ...

Ian Galloway is vice president and regional executive of the Portland Branch of the Federal Reserve Bank of San Francisco ... the San Francisco Fed in 2007. Since then, he has worked in several roles ...

San Francisco, and Philadelphia. These banks also have a total of 24 branches. Each Reserve Bank has its own territory known as a Federal Reserve District, which consists of several states ...