Quora Session Features Answers on Automation, Inflation, and More

Is the global economy showing signs of growth or catastrophy? How can we mitigate the damage that automation may do to the workforce? How can economics be more accessible to the public? Why does the San Francisco Fed exist? Sylvain Leduc and Andrew Foerster answered these and other questions posed by the public during a recent Quora session.

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.