Mary Daly SF Fed

SF Fed Pres.Mary Daly says:

  • Fed policy is in a good place.
  • Fed can't cut rates if needed.
  • The Fed wants to avoid holding rates all the way to 2% inflation.
  • There is no imminent risk of the economy faltering
  • If Fed were to cut to quickly, inflation can get stuck
  • Risks of persistent inflation and economic downturn are even

SF Fed Pres.Mary Daly is a voting member on the FOMC board this year.