As the year draws to a close, the Federal Reserve Bank of San Francisco (SF Fed) has highlighted its most widely read Economic Letter topics for 2025. The selection features research and insights produced by SF Fed economists and research staff, offering readers a look at key economic discussions from the past year.
The SF Fed is responsible for advancing the nation’s monetary, financial, and payment systems with the aim of strengthening the economy across all communities. It serves as part of the U.S. central bank system and oversees the Twelfth Federal Reserve District. This district includes nine western states—Alaska, Arizona, California, Hawai’i, Idaho, Nevada, Oregon, Utah, and Washington—as well as American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands.
The institution focuses on achieving maximum employment and price stability in line with what is known as the Fed’s dual mandate. Through these efforts, it seeks to support an inclusive economy that benefits everyone.
More information about this countdown and related research can be found on the SF Fed blog.
