With the end of 2025 approaching, the Federal Reserve Bank of San Francisco (SF Fed) has released a list highlighting its most widely read Economic Letter topics from the year. These publications feature research and analysis by SF Fed economists and staff. The announcement encourages readers to find more details in the organization’s blog.
The SF Fed is part of the U.S. central bank system and serves the Twelfth Federal Reserve District, which includes nine western states as well as several Pacific territories. The institution focuses on advancing monetary, financial, and payment systems with an aim to strengthen the economy for all Americans.
In its ongoing work, the SF Fed pursues two main objectives: maximum employment and price stability. These goals are known collectively as the Fed’s dual mandate. The organization emphasizes its commitment to supporting an economy that benefits everyone.



