6min chapter

Planet Money cover image

Two Indicators: Inside the Fed, then and now

Planet Money

CHAPTER

Mary Daly, President of the San Francisco Fed

Mary Daly is president of the Federal Reserve Bank of San Francisco. As a 15-year-old, she dropped out of high school to work at Target and Donut Shops. She's part of what's known as the Federal Open Market Committee, or FOMC. The group deliberates over raising or lowering interest rates to drive the economy.

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