Economic Letter
Brief summaries of SF Fed economic research that explain in reader-friendly terms what our work means for the people we serve.
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Regionalism at the Federal Reserve: Many Voices, One Purpose
Mary C. Daly
Public institutions like the Federal Reserve must evolve to meet new challenges and allow for new possibilities. At the Fed, we have modernized and innovated over time, always grounding ourselves in our founding principles—to be regional in our work, independent in our thinking, and accountable to those we serve. The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco to the St. George Area Chamber of Commerce, in St. George, Utah, on April 8.
