MNI Interview with SF Fed Director of Research Sylvain Leduc on Supercore Inflation, August 21, 2023

“The U.S. economy still faces the risk that supercore inflation remains stubborn even as the job market moderates,” Sylvain Leduc, Director of Research at the San Francisco Fed told MNI’s Greg Quinn.

The Federal Reserve Bank of San Francisco (SF Fed) serves the public by promoting a healthy, sustainable economy, and supporting the nation’s financial and payment systems. With offices in Los Angeles, Seattle, Salt Lake City, Portland and Phoenix, the Bank serves the Twelfth Federal Reserve District, which includes one-fifth of the nation’s population and represents the world’s fourth-largest economy. As part of the nation’s central bank, the SF Fed informs monetary policy, regulates banks, administers certain consumer protection laws and acts as a financial partner to the U.S. government.