Journal Article
Policymaking in a Time of Uncertainty
Daly, Mary C. (2021-11-19)
The impact of COVID and its ongoing threat continue to disrupt and delay the full recovery of the economy. It is tempting to act now, believing that what we see today are clear signals. However, acting without clarity is risky. In the face of unprecedented uncertainty caused by the long tail of the pandemic, the best policy is recognizing the need to wait. The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco to The Commonwealth Club of California on November 16.
FRBSF Economic Letter , Volume 2021 , Issue 31 , Pages 06

Speech
Policymaking in a Time of Uncertainty
Daly, Mary C. (2021-11-16)
Presentation to The Commonwealth Club of California, San Francisco, CA, November 16, 2021, by Mary C. Daly, President and Chief Executive Officer, Federal Reserve Bank of San Francisco.
Speech