News Coverage

In a recent town hall, Scanlon and President discussed balancing the need to talk to both the markets and general public. Recently, the SF Fed has made some efforts to better communicate with everyday Americans by joining Threads and Instagram.

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.”

Oliveira and his colleague estimated we were spending down our excess savings by $100 billion a month earlier this year and we’re about to run out. “Our latest estimate points to the current quarter, that is the third quarter of 2023,” he told Host Sabri Ben-Achour. The interview was recorded prior to the September 28 […]

President Daly joined Host Boyd Matheson in studio and discussed in-district observations. “The data are more than just the headline numbers that you see printed in media outlets,” she emphasized.

“In a tight labor market, for example, a high school graduate might think it’s easier to find a job with solid wages without going to college. But in a slack labor market, an individual coming out of high school might think, ‘well, there are no jobs and the jobs that are available don’t have very […]

“There is a kind of exhaustion pulsing through the economy,” Daly told Economics Reporter Rachel Siegel. In conversations across her district — which spans California and eight other Western states — she said she routinely hears from people who are financially scraping due to the impact of inflation. 

“The U.S. economy still faces the risk that supercore inflation remains stubborn even as the job market moderates,” Sylvain Leduc, Director of Research at the San Francisco Fed told MNI’s Greg Quinn.

“Rental data that the government uses to calculate the Consumer Price Index can be really sticky,” John Mondragon, Research Advisor at the San Francisco Fed tells Marketplace. “If you’re renting an apartment, and sign a typical one-year lease, your rent is going to be fixed for that year.” 

The Federal Reserve on Thursday announced that its new system for instant payments, the FedNow® Service, is now live. Banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the day, on any day of the year. “The Federal Reserve built the […]

President Daly joined CNBC’s Squawk on the Street with Sara Eisen and Steven Liesman. “Right now, all my attention is on decidedly if we have to hike more and how much more we need to hike in order to get inflation down to 2%,” she said.