News Coverage
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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. […]
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WSJ Exclusive, “Fed Official Says Rate Cuts Could Be Needed Next Year to Prevent Overtightening,” December 18, 2023
”There is more work to do, and at this point, that work includes not only focusing on bringing inflation down to 2% but also recognizing that we want to continue to do this gently, with as few disruptions to the labor market as possible,” she stressed with chief economics correspondent Nick Timiraos.
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Börsen-Zeitung interview, “We must not prematurely declare victory over inflation,” November 30, 2023
“We should take our time now, remain vigilant and act prudently,” President Daly told Börsen-Zeitung, one of the leading financial newspapers in Germany.
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Fed Official Warns Against Calling Time on Rate-Rising Cycle Too Soon with the Financial Times, November 15, 2023
President Daly recently spoke with US economics editor Colby Smith. “People need to plan and if you’re in a ‘stop-start’ mentality, then that’s really disruptive. It also ultimately tears at credibility,” she emphasized.
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Fed’s Mary Daly Says it’s ‘Too Early to Declare Victory’ on Inflation with CNBC’s Steve Liesman, November 10, 2023
“The news on inflation has been fairly good, and we shouldn’t dismiss that,” she said on CNBC’s The Exchange. “All of that said, it is far too early to declare victory.”
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WSJ’s Take On the Week, “A Key Fed Official on What’s Next for Interest Rate Hikes,” October 15, 2023
President Daly joined Reporter Dion Rabouin on WSJ’s new Take On the Week podcast to share her economic outlook and what’s she hearing from her communities.