News Coverage
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Fed’s Daly Says Need to Avoid Mistake of Holding Rates Too Long on Bloomberg Surveillance
“If you unpack the data, you don’t see inflation running up in services or housing, and importantly, you don’t see it spreading into inflation expectations. We also see a labor market that’s softening and wage growth that is moderating…I put those things together, and we don’t want to make the mistake of holding on too […]
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What really shapes our economic future with Federal Reserve’s Mary C. Daly – Masters of Scale podcast
In the wide-ranging conversation, President Daly discussed the major factors shaping the U.S. economy, how the Federal Reserve works, the role of the Reserve Banks, the impact of Fed’s policies at the regional and national level, as well as what it means to lead with discipline and data. “We go to each and every FOMC […]
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Axios Exclusive: SF Fed’s Mary C. Daly Says AI Bubble Not Immediate Risk to Financial Stability
“I do want to caution us against thinking all bubbles are financial. I don’t see many signs that that’s the case. Research and economics call it more like a good bubble, where you’re getting a ton of investment…Even if the investors don’t get all the returns that the early enthusiasts think when they invest, it […]
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The San Francisco Fed President’s Case for More Rate Cuts – Axios
“For me, relaxing the policy rate to make sure it continues to be modestly restrictive — but not so restrictive that it unnecessarily disrupts the labor market — would be the path of policy. We have enough room to do some cuts and still have a modestly restrictive interest rates,” she told Axios’ Courtenay Brown […]
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President Mary C. Daly on KSL NewsRadio’s Midday with Maria Shilaos
With host Maria Shilaos, President Daly discussed the state of the U.S. economy and her recent in-district visit to Utah. Listen to the interview here.
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Hoover Institution’s Economics, Applied Podcast with Mary C. Daly
President Daly joined Steven Davis, Thomas W. and Susan B. Ford Senior Fellow and Director of Research at the Hoover Institution and Senior Fellow at the Stanford Institute for Economic Policy Research (SIEPR) on Hoover Institution’s Economics, Applied video podcast series to discuss central bank communications. “The world’s very uncertain right now, so if we […]
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Fed’s Daly on Outlook for Rate Cuts – Fox Business
“The growth suggests that the economy is in a reasonable place, but we also want to make sure that policy is in a place that matches it. What I don’t want to do is be so worried that inflation might come up again or be persistent, that we wait for that clarity and don’t support […]
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Wall Street Journal Exclusive: Fed’s Daly Says Jumbo Rate Cut Next Month Doesn’t Seem Warranted
President Daly discussed her rate cut outlook with Chief Economics Correspondent Nick Timiraos. “Policy is likely to be too restrictive for where the economy is headed. So for me, that calls for recalibration,” she stressed. Read the interview here.
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Fed’s Daly, ‘Two Rate Cuts Seem Appropriate’ – New York Post
President Daly connected with the New York Post’s Steven Nelson and discussed the state of the U.S. economy and the Fed’s rate path forward amid uncertainty. Read the story here.
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Mary C. Daly on Bloomberg Odd Lots: Why Alaska Is a Leading Indicator for the US Economy
Bloomberg’s Joe Weisenthal and Tracy Alloway joined President Daly for several stops on her recent trip to Alaska. During the interview, she shared what she’s learning from businesses in Alaska, how it relates to the rest of the US economy, and how insights on the ground inform monetary policy. Listen here.