News Coverage
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Reuters Exclusive: Fed’s Daly says oil shock means getting inflation down takes longer
San Francisco Federal Reserve President Mary C. Daly said the U.S. economy is fundamentally solid, the labor market has steadied, and monetary policy is in a “good place.” But the oil shock, she told Reuters in an exclusive interview, extends the timeline on getting inflation back to the Fed’s 2% goal and may leave the […]
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President Mary C. Daly on KSL NewsRadio’s Midday with Maria Shilaos
With host Maria Shilaos, President Daly discussed the overall economy and what she is hearing from Utahns after her recent in-district visit. Listen to the interview.
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Steady March jobs report gives Federal Reserve time to balance risks – Fox Business
Federal Reserve Bank of San Francisco President Mary C. Daly analyzes the March jobs report, the impact of the Middle East conflict on inflation, and more on ‘Maria Bartiromo’s Wall Street.’ Watch the interview here.
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Inside the SF Fed’s Salt Lake City Branch Cash Operation on KSL TV
“We’re playing such an important role for the American public, making sure the payment systems that we support are always available — cash being one of those,” Vice President and Regional Executive Abby McLennan said.
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San Francisco Fed President Mary C. Daly on CNBC’s Squawk Box
CNBC’s Steve Liesman and San Francisco Fed President Mary C. Daly joined ‘Squawk Box’ and discussed the February jobs report, strength of the labor market, state of the economy, the Fed’s interest rate outlook, and more. Watch the interview here.
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Reuters Exclusive: Fed’s Daly sees labor market vulnerabilities, room to cut interest rates
While the risks to price stability versus maximum employment – the Fed’s two congressionally mandated goals – look “relatively balanced,” Daly said, the vulnerabilities, as she sees them, are tilted toward the labor market side. Read the interview here.
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San Francisco Fed President Mary C. Daly on What’s Actually Happening in the Economy
San Francisco Fed President Mary C. Daly and Richmond Fed President Tom Barkin sat down with author and economic commentator Kyla Scanlon and discussed the state of the U.S. economy heading into 2026, technology, lessons learned from the 1970s and 1990s, and more. Read or listen to the podcast here.
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WSJ Exclusive: Fed’s Daly Backs December Rate Cut, Citing Vulnerable Labor Market
“On the labor market, I don’t feel as confident we can get ahead of it. It’s vulnerable enough now that the risk is it’ll have a nonlinear change,” she told Reporter Nick Timiraos. An inflation breakout, by contrast, is a lower risk given how tariff-driven cost increases have been more muted than anticipated earlier this […]
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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 […]