Federal Reserve Bank of San Francisco (FRBSF) (Federal Reserve Bank of San Francisco) dedicates considerable resources to research on housing market and banking sector issues. The bank doesn’t only cover the housing market but also other related subject matters such as mortgage and credit supply. In addition to major focus on housing and banking FRBSF also keeps a close watch on the economic trends around the world, especially in major economies like China. Going through the website, it seems FRBSF is one of the most important Federal Reserve Banks and the Fed’s new Chairman Janet Yellen has also previously served as FRBSF’s President and CEO. FRBSF understands the importance of public education and its speakers are available to communities and academic institutions for speeches.
Federal Reserve Bank of Minneapolis (FRBM) dedicate significant research efforts to banking issues and the overall state of the economy, especially in the ninth district. As opposed to FRBSF, FRBM seems more focused on regional than national and international issues. Other issue that attracts significant attention for FRBM is labor. The bank studies topics such as the relationship between monetary policy and labor and how globalization may be shaping the local and national labor trends. FRBM does provide educational resources on its website but its direct interaction with the community is less frequent than FRBSF. One of the major discoveries at FRBM website was that its President Narayana Kocherlakota is himself a distinguished researcher and speaker whose opinions are actively sought out. President Narayana frequently travels throughout the country to give speeches.
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"Federal Reserve Bank".
- Federal Reserve Bank of Minneapolis. Home. 11 January 2014
- Federal Reserve Bank of San Francisco. Home. 11 January 2014
