Mary Daly, president of the Federal Reserve Bank of San Francisco, on the factors shaping the U.S. economy right now, whether the outlook is positive or negative, and the importance of Fed independence.
The Federal Reserve’s influence on the economy is immense, and often misunderstood. Mary Daly, president of the Federal Reserve Bank of San Francisco, gives an exclusive, firsthand look into the central bank’s daily decision-making, explaining how the Fed’s policies, at both the regional and national level, ripple through society. From housing prices to immigration’s impact on labor, Daly weighs the major factors shaping the U.S. economy. As political and market pressures mount, she reflects on what it means to lead with discipline and data, and what every business leader can learn from the Fed’s balancing act.
