In the run-up to the pandemic as the yield curve inverted in late 2019 signaling broad expectation of economic trouble, SF Fed President Daly visits communities in the banking district.
See also Daly's report to New Zealand conference regarding inflation targeting, from the time period.
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[ 4.5 ms ] story [ 14.4 ms ] threadSee also Daly's report to New Zealand conference regarding inflation targeting, from the time period.
https://www.frbsf.org/economic-research/publications/economi...
In case you can't bring yourself to look at this, here's a highlight from the abstract
> [...] Our collective futures now include slower potential growth, lower long-term interest rates, and persistently weak inflation. [...]