SF Fed’s Daly Says Dec. Rate Cut Was Justified

SF Fed’s Daly Says December Rate Cut Was Justified
A quarter-point cut this month was the right move to avoid an overly hawkish stance that would threaten a serious economic slowdown, according to San Francisco Fed President Mary Daly.
Fed's Daly 'Very Comfortable' With Two 2025 Rate Cuts
Federal Reserve Bank of San Francisco President Mary Daly said she is "very comfortable" with policymakers' median projection of two interest-rate cuts in 2025. Daly added, "my projection is that it will take many fewer rate cuts next year than we thought but I'll watch the economy and see if that works out.
What SF Fed pres. Mary Daly will be looking at for January meeting
With the new year approaching and a new Trump administration to take office, the Federal Reserve's January policy meeting is already a key topic of discussion. Federal Reserve Bank of San Francisco CEO and president Mary Daly joins Yahoo Finance executive editor Brian Sozzi on Opening Bid to discuss the Fed's goals and what to expect from the meeting: "We want to make sure inflation continues to come down and that the labor market doesn't falter.
Fed policymakers see slower rate-cut path next year
San Francisco Federal Reserve Bank President Mary Daly on Friday said the decision by the U.S. central bank to lower interest rates on Wednesday by another quarter percentage point was a "close call," adding she agreed with Chair Jerome Powell that caution is now warranted toward further policy adjustments.
Why cut rates? Fed wanted to keep unemployment low and not 'break' economy, Mary Daly says.
We're getting more clarity as to why the Federal Reserve cut interest rates: The central bank didn't want to see unemployment rise any further and potentially "break" the economy. San Francisco Fed Pr
SF Fed's Daly says December rate cut was a 'close call'
San Francisco Federal Reserve Bank President Mary Daly said Friday the U.S. central bank's quarter-point interest-rate cut earlier this week was a "close call," expressing her agreement with Chair Jerome Powell that a cautious approach to future policy adjustments is now necessary.
The Fed Is Unlikely To Cut Interest Rates In January Due To Inflation
The Federal Reserve cut interest rates by 0.25% on December 18 but an interest rate cut is unlikely when the Fed issues its next policy decision on January 29.
Fed's rate cuts and hawkish outlook: Implications for Indian markets
By adopting a well-informed and balanced strategy, retail investors can navigate this challenging phase and position themselves for future gains.
Fed’s Daly Reveals Her Bullishness for AI-Driven Productivity
Mary Daly was a young economist at the Federal Reserve Bank of San Francisco in the late 1990s when she helped then-Chair ...
San Francisco Fed president Mary Daly: We want to finish the inflation fight
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. The market is ...