News Coverage
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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.
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President Daly on Communicating with Everyday Americans with educator, creator, and author Kyla Scanlon, October 11, 2023
In a recent town hall, Scanlon and President discussed balancing the need to talk to both the markets and general public. Recently, the SF Fed has made some efforts to better communicate with everyday Americans by joining Threads and Instagram.
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Federal Reserve Bank President Mary Daly on the Economy, Jobs, and Inflation in Phoenix with The Arizona Republic, October 1, 2023
President Daly joined Business Writer/Columnist Russ Wiles following her fireside chat in coordination with Greater Phoenix Leadership. “Our goal is to bring inflation down as gently as we can. But I’m not yet going to declare victory.”
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Economist Luiz Oliveira on Dwindling Excess Savings on Marketplace, September 28, 2023
Oliveira and his colleague estimated we were spending down our excess savings by $100 billion a month earlier this year and we’re about to run out. “Our latest estimate points to the current quarter, that is the third quarter of 2023,” he told Host Sabri Ben-Achour. The interview was recorded prior to the September 28 […]
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Federal Reserve Bank President Mary Daly on Inflation in Utah and the Fed’s Job with KSL NewsRadio, September 8, 2023
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.