News Coverage Highlights

Almost Everyone Expects a Recession. Could the Economy Avoid One? – The Washington Post, Pres. Daly Talks to Reporters on November 21, 2022

Tuesday, November 29, 2022

President Daly said that as she travels around her district — which spans nine western states and is the Fed system’s largest district both by geography and by the size of its economy — she hears that “people’s own situations feel different than the situations they fear are out there, or that they even see out there.”

Global Fallout From Rate Moves Won’t Stop the Fed – New York Times, October 7, 2022

Friday, October 7, 2022

“Of course, as a human, you care about the pain other countries are experiencing — but as a policymaker, I have a single tool,” Mary C. Daly, president of the Federal Reserve Bank of San Francisco, said in an interview on Tuesday. “It’s a blunt tool, even for the U.S. goals of full employment and price stability.”

President Daly Featured on Newsy’s Morning Rush on September 30, 2022

Friday, September 30, 2022

“Our No. 1 priority is to get inflation down. American consumers, businesses are suffering with high inflation, which is eroding their lives and livelihoods. That is why we’ve taken a very rapid pace of increases — to bridle the economy, get demand back in line with supply and give relief on the inflation front.”

President Daly Featured on Bloomberg Television on August 11, 2022

Thursday, August 11, 2022

“That indignity of inflation is what’s really cruel about inflation — it hurts people who have less, it hurts them more,” Daly said. “And it has that sense that you’re trying as hard as you can and you still can’t make it.”

President Daly: A Fortt Knox Conversation on August 2, 2022

Tuesday, August 2, 2022

“We are still resolute and completely united on achieving price stability, which doesn’t mean 9.1% inflation — it means something closer to 2% inflation, so a long way to go.”

“Americans need to know they don’t have to worry about inflation when they wake up in the morning.”

President Daly Joined Newsy on July 15, 2022

Friday, July 15, 2022

“We have a strong a strong economy, but inflation is too high and that’s what the Federal Reserve is working on – getting inflation down without tripping up the economy and stalling it out.”