2 Min Read FILE PHOTO: Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, U.S., November 12 2018. REUTERS/Ann Saphir./File Photo (Reuters) - San Francisco Federal Reserve Bank President Mary Daly on Thursday said the U.S. economy is still far from making “substantial progress” toward the central bank’s goals of 2% inflation and full employment, and from any need to reduce the Fed’s support for the economy. “We are not there yet,” Daly told the Money Marketeers of New York University, noting there are millions of Americans still out of work, and that though prices are expected to rise temporarily in coming months, inflation is still “far” from sustainably reaching the Fed’s goal.