Remarks by Mary C. Daly on Monetary Policy and the Economy

Date

Tuesday, Oct 15, 2024

Time

8:30 am PDT

Location

New York City, New York

Read the speech text

Topics

Monetary PolicyU.S. Economy

Summary

At an event hosted by New York University Stern School of Business, President Mary C. Daly discussed the progress the Federal Reserve has made in bringing inflation down and the importance of looking beyond a “soft landing,” ultimately aspiring to durable expansion with sustained price stability.

Following her remarks were a moderated conversation with Bloomberg Television’s Lisa Abramowicz and an audience Q&A, moderated by NYU Stern’s Richard Berner. During her visit, President Daly also met with students interested in economics and held a group media interview with reporters from several national publications.

Quick Clips

President Mary C. Daly on where we are in the economy right now. (video, 1:07 minutes)
President Mary C. Daly on the Fed’s September decision. (video, 00:47 minutes)
President Mary C. Daly on the impact of high inflation. (video, 00:47 minutes)
President Mary C. Daly on finishing the job. (video, 00:30 minutes)

From the Event

© Olivo – Courtesy of NYU Photo Bureau

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About the Speaker

Mary C. Daly

Mary C. Daly is president and chief executive officer of the Federal Reserve Bank of San Francisco. In 2024, she is a voting member of the Federal Open Market Committee, the monetary policymaking body of the Federal Reserve System. Daly assumed leadership of the San Francisco Fed in 2018, building on a distinguished career as a labor economist, policy advisor, and leader. Read Mary C. Daly’s full bio.