News Coverage
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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.
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President Daly on LiveNow from FOX – Inflation accelerates more than expected in March
“We need to respond to the economy as it evolves. And right now, policy is in a good place to do that.” Watch.
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Vegas PBS Nevada Week: Examining Interest Rates’ Impact in Nevada
President Daly sat down with Host Amber Dixon during her visit to Southern Nevada and discussed the various ways Nevada is impacted by changes in interest rates. Watch.
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The San Francisco Fed chief says Silicon Valley is thriving, but “in transitional waters” on Marketplace Tech
“Tech is still a thriving industry. There are so many new companies, new developments, so many people employed in that sector. It is a thriving sector, but it’s not growing as quickly as it once was.” Read the article.
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Bloomberg Television’s Wall Street Week: Fed’s Daly Says Policymakers Track a Dashboard of Indicators on Inflation
“The dashboard of indicators I look at has the published data, which everybody focuses on but those tend to be data points…You don’t want to be data point dependent. You want to be data dependent, so you have to look underneath the hood of those data and really see what’s driving them. You also have […]
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Fed’s Daly Warns It Would Be ‘Premature’ to Think Rate Cuts Are Around the Corner on Fox Business
In an interview with Correspondent Edward Lawrence and Host Charles Payne, President Daly said it’s premature to think interest-rate cuts are around the corner. “We need to see more evidence that inflation is heading back down to 2% consistently and sustainably for me to feel confident enough to start adjusting the policy rate,” she added. […]