News Coverage

“Ultimately, what people want is price stability, lower inflation, bringing it fully back to target and an opportunity to catch up from what inflation took from them when it was so high and wages weren’t keeping up…there’s a lot more work for us to do,” she told PBS News Hour co-anchor Geoff Bennett. Watch the […]

“In order to keep the economy in a good place we have to continue to recalibrate policy,” Daly told Fox Business’ Edward Lawrence. “Whether it’ll be in December or some time later, that’s a question we’ll have a chance to debate and discuss in our next meeting, but the point is we have to keep policy moving down to accommodate the economy.”

“Overall, the way we dig out of high inflation is through a durable expansion that allows incomes to catch up to price levels. This lets people move past the episode and focus on other important things,” she told author and economic commentator Kyla Scanlon.

In the wide-ranging profile, President Daly discussed her economic outlook, the Fed’s core responsibilities, and her journey to the SF Fed. “We have a motto in the lobby, ‘Our work serves every American and countless global citizens.’ Everything I do is in service to others, understanding the world to make lives and livelihoods better. What […]

In the wide-ranging conversation, President Daly discussed the Fed’s battle against inflation, her stance on monetary policy, what it’s like to serve on the Federal Open Market Committee, and her journey to the San Francisco Fed. Listen to the episode here.

While it is too early to know the exact path of policy, President Daly underscored that “the time to adjust policy is upon us.” Watch the interview. Photo Credit: David Paul Morris/Bloomberg

“Gradualism is not weak, it’s not slow, it’s not behind, it’s just prudent,” she stressed. Read the article.