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San Francisco Federal Reserve President Mary Daly: Monetary Policy in Uncertain Times

Commonwealth Club of California Podcast

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The Economic Impact of the Pendemic

Consumer spending has been historically tilted towards goods things and away from services. Public health policies aimed at stopping the virus have kept us from going to the gym, seeing a movie travelling and using a host of other services. For workers in these thriving sectors, once related to technology and working from home, incomes are now stable or even growing. Cash grants pended on employment insurance, child tax credits, all help those who have been hardest hit maintain their financial well being through the worst of the pendemic.

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