Monetary policy in the United States is determined by the Federal Open Market Committee (FOMC), a decisionmaking body that ...

Measuring the wildfire risk of California real estate with spatiotemporal convolutional neural networks Richard Stanton, University of California, Berkeley Nancy Wallace, University of California, ...

As distorted maps may mislead, Natural Language Processing (NLP) models may misrepresent. How do we know which NLP model to trust? We provide comprehensive guidance for selecting and applying NLP ...

This paper introduces a novel measure of firm-level Artificial Intelligence (AI) Research & Development—the AIR Index—derived from the semantic similarity between earnings conference call transcripts ...

Mary C. Daly is President and Chief Executive Officer of the Federal Reserve Bank of San Francisco. In that capacity, she serves the Twelfth Federal Reserve District in setting monetary policy. Prior ...

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SBICs are privately-owned venture capital funds licensed by the Small Business Administration (SBA) to invest in the long-term debt and equity securities of small businesses. These businesses possess ...

On December 21, 2000, the Community Renewal Tax Relief Act of 2000 was signed into law. The legislation includes the NMTC, which is intended to spur the investment of $15 billion in new private ...

The LIHTC is a credit against regular tax liability for investments in affordable housing projects acquired and rehabilitated after 1986. Generally speaking, the credit is available annually over a ...

Linda True covers digital banking and lending on the Fintech team at the Federal Reserve Bank of San Francisco. In addition, she is the Asia Program coordinator. She previously covered Asian economies ...

Cindy Li covers digital banking and lending on the fintech team. In addition, she manages the Supervision + Credit Group’s country analysis function and Asia Program. Prior to joining the Fed, Cindy ...

Municipal bond is a general term referring to securities issued by states, cities, towns, counties and special districts. A primary feature of these securities is that interest on them is generally ...