The Federal Reserve Bank of San Francisco said Friday that Mary Daly, its research director, will become its new president on Oct. 1. She will succeed John Williams, who helmed the institution from 2011 until leaving earlier this year to become president of the New York Fed. Ms. Daly, 55 years old, has worked at the San Francisco Fed since...

Source: Wall Street Journal September 14, 2018 19:03 UTC