No Easy Choice
San Francisco Fed President Mary C. Daly explains why the FOMC’s latest policy decision leaves the central bank well positioned to achieve its goals of maximum employment and price stability.
The Latest
What We Study:
Insights, research, and data on various topics affecting our economy.
News & Media
Fed’s Daly Says Need to Avoid Mistake of Holding Rates Too Long on Bloomberg Surveillance
November 10, 2025
What really shapes our economic future with Federal Reserve’s Mary C. Daly – Masters of Scale podcast
October 17, 2025
Axios Exclusive: SF Fed’s Mary C. Daly Says AI Bubble Not Immediate Risk to Financial Stability
October 7, 2025
Meet the SF Fed
Learn more about our groups and their work in pursuit of the SF Fed’s mission.
Around the District
Data Center Growth and Challenges in Arizona
The SF Fed engages with businesses and communities across the region to gather real-time information on local economic conditions. Here’s a snapshot of recent outreach in Arizona led by Shannon Smith, regional engagement officer at the Federal Reserve Bank of San Francisco.
Video & Media
Watch the latest videos from the SF Fed covering events and topics relevant to the Twelfth District and beyond.
Explore the 12th District
The Federal Reserve Bank of San Francisco is one of the 12 Reserve Banks in the Federal Reserve System. San Francisco is the headquarters of the Twelfth Federal Reserve District.
