News Coverage
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President Daly in WSJ, “Case for September Rate Cut Builds After Slower Jobs Data”
“I don’t want to pull up too short or too early and then have inflation stay high. That’s a terrible, terrible situation. I refuse to do that,” SF Fed President Mary Daly said in a recent interview. Read the article.
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Federal Reserve, assessing inflation-unemployment link, faces an inflection point said Pres. Daly on Marketplace
“For the longest time, inflation has been the focus of our hiking campaign. Now, as we monitor the economy, we have to look at both sides of our mandate,” Daly said. Read the article.
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SF Federal Reserve Bank President Mary Daly Said AI Can Boost the Labor Market in Time Exclusive
“Jobs are being created, as well as jobs being replaced. If we can get people to upskill or reskill to take the jobs that are being created, we’ll have a very successful and growing economy. But that’s the burden on us…,” she said. Read the article.
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CNBC’s Squawk Box: SF Fed President Mary Daly, PCE data shows us that monetary policy is working
“Monetary policy is working. We’re getting the job done. And that’s what Americans want from us,” she emphasized. Read the article.
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Is SF doomed? Don’t believe the hype – President Daly on KCBS Radio
“I tell them about San Francisco, and I tell them we have great assets, we have great people, we have great innovation, we have forward thinking, we have a great climate and infrastructure.” Read the article.
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Axios Exclusive: There’s no “urgency” to adjust interest rates, Fed official says
“Fortunately, policy is in a very good place. We are in what I call the ready position,” Daly told Axios at the University of San Francisco. “We can adjust policy as we need to.” Read the article.
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Mary Daly on Fed Policy, the Economic Impacts of AI, and the Future of the Fed’s Framework in Macro Musings
“The bottom line on AI and what its impact will be on the economy, the labor market, is that it’s going to be up to us.” Listen here.
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Federal Reserve President of San Francisco addresses economic stability – The Scarlet & Gray
Her recent visit offered Nevadans an opportunity to ask pressing questions directly to an influential policymaker. Read the article.
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President Daly on KLAS-TV (CBS Las Vegas) with Host John Langeler
“Every time I fly into Las Vegas, I see the momentum in the consumer,” she said discussing Nevada’s economy. Watch (7:50).
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No One Actually Knows How AI Will Affect Jobs – President Daly Featured in WIRED
“When I think of generative AI—or AI writ large—what I see is an opportunity,” she told Senior Writer Will Knight. Watch.