NPR’s Idaho Matters and President Daly on “Inflation and Your Pocketbook,” September 30, 2022

“The most important thing I want all your listeners to know is that the Fed is never on a preset course, where we’re going to do this no matter what – we always take incoming information.”

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.