Federal Reserve Bank President Mary Daly on the Economy, Jobs, and Inflation in Phoenix with The Arizona Republic, October 1, 2023

President Daly joined Business Writer/Columnist Russ Wiles following her fireside chat in coordination with Greater Phoenix Leadership. “Our goal is to bring inflation down as gently as we can. But I’m not yet going to declare victory.”

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.