Mary Daly, President of the Federal Reserve Bank of San Francisco, shares her insights on the recent 25 basis point rate cut and the Fed's shift in strategy. She delves into the complexities of inflation, particularly in housing, and emphasizes the need for collaboration between sectors. Daly discusses the evolving labor market, highlighting the role of CEOs in hiring decisions. Plus, she examines the impact of AI on productivity and its potential to transform industries amidst fiscal policy challenges.

Mary Daly, president of the Federal Reserve Bank of San Francisco, shares her inspiring journey from high school dropout to an influential voice in economic policy. She discusses the human side of the Fed and the complex dynamics of decision-making during her tenure. The conversation also revisits Arthur Burns' controversial leadership in the 1970s, highlighting the political pressures he faced and the lessons they hold for current monetary strategies, particularly regarding inflation and interest rates in today's economy.

Join Mary Daly, President of the Federal Reserve Bank of San Francisco; John H. Cochrane, Senior Fellow at the Hoover Institution; Baie Netzer, Investment Strategist at Bank of America; and Susan Hyde, Political Science expert from UC Berkeley. They dive into the economic forecast for 2025, discussing the impacts of tariffs, tax cuts, and inflation. Insights on income inequality and its effects on democracy are also examined. The conversation highlights the resilience of the U.S. economy amid changing political landscapes and evolving policies.

Mary Daly, President of the Federal Reserve Bank of San Francisco, shares insights on the upcoming interest rate cuts that could reshape the U.S. economy. She discusses the delicate balance between controlling inflation and maintaining employment. Daly emphasizes the personal toll of inflation on everyday Americans, weaving in human stories to highlight how vital these economic decisions are. From navigating job market challenges to the Fed's empathetic approach, this conversation is a deep dive into the complexities of central banking in today's world.

Mary Daly, President of the Federal Reserve Bank of San Francisco, provides a deep dive into the Fed's strategies for managing interest rates and inflation. She expresses confidence in the prospect of two rate cuts by 2025, showcasing a balanced approach that considers economic data. Daly discusses the challenges of sustaining job growth while keeping inflation in check, emphasizing the importance of effective communication from the Fed amid evolving economic conditions. Her insights reflect a cautious optimism about navigating the uncertain economic landscape.

In a captivating discussion, former Treasury Secretary Robert Rubin emphasizes the need for adaptive fiscal strategies amid rising deficits. Blair Effron shares insights on tech industry expansion outside Silicon Valley, while Mary Daly addresses the implications of low birth rates on workforce sustainability. Niall Ferguson reflects on historical economic trends, and Marc Rowan discusses innovative solutions in higher education amid current challenges. They delve into the evolving landscape of supply chains and technology, offering a nuanced look at the future of the economy.

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.

Mary Daly, President of the Federal Reserve Bank of San Francisco, discusses the softening US labor market and signals a potential interest rate cut on the horizon. She emphasizes caution about declaring a significant weakening of the market. Traders are now scrambling to protect their portfolios, recalling the volatility seen during the pandemic. The podcast also touches on diplomatic efforts to prevent an escalation in the Middle East and the UK’s fiscal challenges, with possible capital gains tax increases on the table.

Mary Daly, President and CEO of the Federal Reserve Bank of San Francisco, discusses Fed policy, AI's economic impacts, and the Fed's future framework. They cover inflation trends, R-star trajectory, AI's long-term effects, upcoming Fed framework review, and prospects for nominal GDP targeting. Audience Q&A includes Fed policymaking during an election year.

Topics include factors for Fed rate cuts, market trends, commercial real estate challenges, European real estate opportunities, fixed income resurgence, and a generous donation to Albert Einstein College of Medicine.