News Coverage

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. 

President Daly discussed her current economic outlook with Reuters’ Ann Saphir. “It is, in my judgment, prudent policy to slow the place of policy as you near the destination,” she emphasized. 

San Francisco Fed President Mary C. Daly participated in a virtual discussion on monetary policy and inflation, followed by an audience Q&A at the International Economic Symposium, hosted by the National Association for Business Economics and Banque de France. The chat generated notable media coverage including Bloomberg, Financial Times, and Reuters.