“Overall, the way we dig out of high inflation is through a durable expansion that allows incomes to catch up to price levels. This lets people move past the episode and focus on other important things,” she told author and economic commentator Kyla Scanlon. Watch the interview here.
Photo Credit: Kyla Scanlon
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.