A Chat on NPR’s The Indicator Podcast with the President of the San Francisco Fed, January 17, 2023

“The job of the Fed is to – as carefully and consciously as we can – navigate through this is so that there’s the least pain in the economy as possible while we restore price stability,” President Daly discussed with Host Darian Woods.

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.