

San Francisco Fed President Mary Daly Talks Rate Cuts
Aug 26, 2024
Mary Daly, the President of the Federal Reserve Bank of San Francisco, believes it's time for the US central bank to consider cutting interest rates. She discusses recent economic signals and the confidence in achieving a 2% inflation target while balancing employment stability. Daly emphasizes the need for careful monetary policy adjustments and addresses the implications of the Som rule on labor market data. With a positive outlook on job availability, she also touches on the upcoming framework review for economic policies.
Chapters
Transcript
Episode notes
1 2 3 4 5
Intro
00:00 • 2min
Navigating Monetary Policy Adjustments
01:52 • 5min
Evaluating Neutral Interest Rates and Growth Prospects
07:09 • 2min
Analyzing Economic Indicators and Federal Reserve Strategies
09:29 • 2min
Navigating Labor Market Adjustments and Future Framework Reviews
11:28 • 3min