Start with the fact that most consumers don’t spent a whole lot on imported goods.

The economy is not where it needs to be on inflation, says Mary Daly, head of the Federal Reserve Bank of San Francisco.

Mary Daly weighs in on inflation, the debt ceiling impasse and why public trust is essential for monetary policymakers at the central bank.

Mary Daly talks about the pandemic, the economy and what it might take to emerge from the crisis.