News Coverage

President Daly joined Host Boyd Matheson in studio and discussed in-district observations. “The data are more than just the headline numbers that you see printed in media outlets,” she emphasized.

“In a tight labor market, for example, a high school graduate might think it’s easier to find a job with solid wages without going to college. But in a slack labor market, an individual coming out of high school might think, ‘well, there are no jobs and the jobs that are available don’t have very […]

“There is a kind of exhaustion pulsing through the economy,” Daly told Economics Reporter Rachel Siegel. In conversations across her district — which spans California and eight other Western states — she said she routinely hears from people who are financially scraping due to the impact of inflation. 

“The U.S. economy still faces the risk that supercore inflation remains stubborn even as the job market moderates,” Sylvain Leduc, Director of Research at the San Francisco Fed told MNI’s Greg Quinn.

“Rental data that the government uses to calculate the Consumer Price Index can be really sticky,” John Mondragon, Research Advisor at the San Francisco Fed tells Marketplace. “If you’re renting an apartment, and sign a typical one-year lease, your rent is going to be fixed for that year.” 

The Federal Reserve on Thursday announced that its new system for instant payments, the FedNow® Service, is now live. Banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the day, on any day of the year. “The Federal Reserve built the […]

President Daly joined CNBC’s Squawk on the Street with Sara Eisen and Steven Liesman. “Right now, all my attention is on decidedly if we have to hike more and how much more we need to hike in order to get inflation down to 2%,” she said. 

Zheng Liu, vice president and Director of the Center for Pacific Basin Studies at the San Francisco Fed, spoke with Faculti about how the rise in automation technology contributed to the rise of superstar firms over the past two decades. He explained the empirical link between automation technology and industry concentration, using a general equilibrium […]

President Daly met with Axios’ editorial team and discussed a wide range of topics including economic resilience, lags in monetary policy, supervision at the Fed, and policy direction disagreements. “We have definitely come a long way. We’ve raised over 500 basis points in a short amount of time. We’re seeing the economy respond to that […]

San Francisco Fed President Mary C. Daly joined David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy, for an in-person fireside chat at the Brookings Institution, followed by an audience Q&A. The discussion generated extensive media coverage including Bloomberg, Reuters, CNN, and Yahoo Finance.