I had the incredible opportunity to interview Mary Daly, the President and CEO of the San Francisco Federal Reserve. As we all know, inflation is still not where anyone wants it to be. The Fed is focused on getting inflation down to 2% in order to get the economy back in line. But the toolkit is blunt, and the impacts are varied.
People are the economy. That’s really important to keep in mind when making policy decisions. We discuss all that and more in this interview - evolution of the labor market, worker power, profit margins, homeowners and the fixed rate mortgage, financial nihilism, the Fed’s toolkit, and AI.
Full video here:
