Fed’s Mary Daly Says it’s ‘Too Early to Declare Victory’ on Inflation with CNBC’s Steve Liesman, November 10, 2023

“The news on inflation has been fairly good, and we shouldn’t dismiss that,” she said on CNBC’s The Exchange. “All of that said, it is far too early to declare victory.”

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.