In the wide-ranging conversation, President Daly discussed the major factors shaping the U.S. economy, how the Federal Reserve works, the role of the Reserve Banks, the impact of Fed’s policies at the regional and national level, as well as what it means to lead with discipline and data. “We go to each and every FOMC meeting. We are rotating on votes, but we’re always participating. We’re thinking about our districts with their lived experiences in the economy and how that matters when we make monetary policy,” she added. Listen to the podcast here.
The Federal Reserve Bank of San Francisco (SF Fed) works to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the U.S. central bank, the SF Fed serves the Twelfth Federal Reserve District, which covers the nine western states—Alaska, Arizona, California, Hawai’i, Idaho, Nevada, Oregon, Utah, and Washington—plus American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. By pursuing our two key goals of maximum employment and price stability—known as the Fed’s dual mandate—we work toward supporting an economy that works for everyone.