Daly’s Eastern Idaho visit is her first public speaking appearance since assuming her new role, garnering national attention and media.
IDAHO FALLS, Idaho, Nov. 9, 2018 — Regional Economic Development for Eastern Idaho (REDI) is pleased to announce its hosting of Dr. Mary C. Daly, president and CEO of the Federal Reserve Bank of San Francisco, in her first public speaking engagement since assuming her new role. At an event held in Idaho Falls on Monday, Nov. 12, President Daly will address current and projected economic conditions in the context of the Federal Reserve’s dual mandate of maximum employment and stable prices as well as prospects for bolstering U.S. employment conditions over the longer term. Dr. Daly’s address is expected to receive nation-wide attention with national media outlets in attendance. The event is by invitation only.
“We are honored to host President Daly in her first public speech as president and CEO of the San Francisco Fed, “said Dana Kirkham, CEO of REDI. “Dr. Daly’s perspectives and expertise in labor market dynamics will provide immense insight for the growing communities of Eastern Idaho.”
Dr. Daly is a widely respected expert on labor markets. Her published work on economic inequality, wage and unemployment dynamics as well as increasing output through workforce development is frequently cited by other prominent economists. She took office as president and CEO of the Federal Reserve Bank of San Francisco on Oct. 1, 2018, succeeding John C. Williams, who became president of the Federal Reserve Bank of New York this year. As president of the San Francisco Fed, she is a voting member of the Federal Open Market Committee, which decides monetary policy, including whether to raise or lower interest rates.
“Eastern Idaho is growing at an unprecedented rate,” added Kirkham. “Its regional leaders and cooperative efforts will greatly benefit from Dr. Daly’s advocacies.”