Aug 29th, 2019
San Francisco Fed President Daly Sees Domestic Economy That’s Really Solid
San Francisco Fed President and CEO Mary Daly discusses the possibility of a Fed rate cut next month, what she sees in the data that would warrant a cut, business investment, disinflation, 2% inflation target, mitigating headwind of the economy, the impact of politics on Fed policy, the deep parameters of central banking, the strong U.S. dollar, full employment, negative yielding bonds, ultra-long bonds, the rate hike in December and what she worries about the most. She speaks exclusively on “Bloomberg Markets: Asia.” (Source: Bloomberg)
