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Planet Money

Two Indicators: Inside the Fed, then and now

Feb 16, 2023
Mary Daly, president of the Federal Reserve Bank of San Francisco, shares her inspiring journey from high school dropout to an influential voice in economic policy. She discusses the human side of the Fed and the complex dynamics of decision-making during her tenure. The conversation also revisits Arthur Burns' controversial leadership in the 1970s, highlighting the political pressures he faced and the lessons they hold for current monetary strategies, particularly regarding inflation and interest rates in today's economy.
18:47

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