Daly is speaking on Bloomberg TV

  • says +50bp rate hike is her base line at September meeting
  • open to 75 if data shows it
  • not just looking at one CPI report to decide
  • US economy is a long way from a recession
  • most important risk in the economy is too high inflation
  • wants a slower economy, lower inflation, but no recession

more to come


Mary Daly is President and Chief Executive Officer of the Federal Reserve Bank of San Francisco

Mary daly meme boxing