Dec 20th, 2024
Fed’s Daly Talks Interest Rates, Inflation, Economic Uncertainties
Federal Reserve Bank of San Francisco President Mary Daly discusses her approach to monetary policy, saying she is “very comfortable” with policymakers’ median projection of two interest-rate cuts in 2025. Daly also touches on why disagreement is a good thing for the central bank, her comfort level with the current rate of inflation, and using history as a guide and available tools on potential tariffs from President-elect Donald Trump.
