Fed’s Daly: ‘Premature’ to think rate cuts are around the corner
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Friday said she feels there is “a lot of work left to do” on …
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Fed’s Daly: rate cuts may be needed next year to prevent overtightening -WSJ
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly said Monday that cuts to the U.S. central bank’s benchmark rate are likely be appropriate …
Fed’s Daly: Still too soon to say rate hike cycle is over -CNBC
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly said on Friday she is not ready to …
Fed’s Daly: Risks of doing too much vs too little ‘roughly balanced’
(Reuters) – With U.S. inflation down from its peak, the risk of raising interest rates too little no longer far outweighs the risk of raising …
Daly: Premature to say if Fed has done enough on rates
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday said that while recent inflation data is moving in the right direction, more …
Fed’s Daly: two more rate hikes likely needed this year
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Monday repeated that she believes two more rate hikes this year will likely be …
Exclusive-Fed’s Daly: two more US rate hikes a ‘very reasonable’ projection
By Ann Saphir SAN FRANCISCO (Reuters) – Two more U.S. interest-rate hikes this year is a “very reasonable” projection, San Francisco Federal Reserve Bank President …
Fed’s Daly: Expects unemployment rise as price of controlling inflation
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly on Monday said it would be quite surprising …
Fed’s Daly: tighter policy, for a longer time, ‘likely’ needed
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Saturday sounded a clear warning on the inflationary threat, and signaled that the U.S. …
Fed’s Daly: Lots of options on table for December FOMC rate hike
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly said Monday that the U.S. central bank could …
Fed’s Daly: Currently expect fed funds rate to top out around 5%
NEW YORK (Reuters) – Federal Reserve Bank of San Francisco leader Mary Daly said on Monday she is still expecting the U.S. central bank to …
Fed’s Daly: top policy rate of 4.75%-5.25% ‘reasonable’
By Ann Saphir (Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Wednesday said the U.S. central bank’s policy rate could end up …
Fed’s Daly: need further rate hikes to beat inflation
By Ann Saphir (Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Tuesday said the U.S. central bank needs to push borrowing costs …
Fed’s Daly: ‘Comfortable’ with 4.5%-5% Fed policy rate in 2023
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday said she believes it will take raising interest rates to a 4.5%-5% range …
Fed’s Daly: no U.S. recession needed to defeat high inflation
(Reuters) – The Federal Reserve needs to slow the U.S. economy and take the heat out of the strong jobs market to bring down corrosively …
Fed’s Daly: do not want to tip economy into downturn
(Reuters) -San Francisco Federal Reserve Bank President Mary Daly said on Tuesday that the U.S. central bank is “resolute” about bringing down high inflation but …
Fed’s Daly: growth will slow, but don’t expect economy to shrink
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Tuesday said she believes the U.S. economy will slow to below 2% annual growth …
Fed’s Daly: 75 bps rate hike likely needed in July
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Friday said another 75 basis point interest rate hike in July is her “starting …
Fed’s Daly: bringing down inflation is ‘number one priority’
(Reuters) – Bringing down inflation is the U.S. central bank’s “number one priority right now,” but raising interest rates to do so is unlikely to …
Fed’s Daly: let’s get U.S. interest rates to 2.5% as quickly as we can
(Reuters) – The Federal Reserve should get interest rates up to a level that no longer stimulates the economy as quickly as possible including 50-basis-point …
Fed’s Daly says she does not expect a recession
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Monday said the U.S. economy has a lot of momentum, and said the central …
Fed’s Daly backs half-percentage-point rate hikes at next meetings
(Reuters) – San Francisco Federal Reserve President Mary Daly on Thursday said she backs the plan to hike interest rates laid out by Fed Chair …
Fed’s Daly: Case for half-percentage-point hike in May is ‘complete’
(Reuters) – San Francisco Federal Reserve President Mary Daly on Wednesday said she believes the case for a half-percentage-point interest rate hike next month is …
Fed’s Daly sees U.S. inflation at 2% goal in five years
(Reuters) – San Francisco Federal Reserve President Mary Daly on Wednesday said it’s unlikely inflation will fall to 2% this year, but she does expect …
Raising Fed’s policy rate to 2.5% by end of 2022 is ‘prudent,’ Daly says
(Reuters) – San Francisco Federal Reserve President Mary Daly on Wednesday said she supports getting the U.S. central bank’s benchmark overnight interest rate up to …
Fed’s Daly sees slower growth, but no recession ahead
(Reuters) – Interest rate hikes aimed at bringing down too-high inflation will slow economic growth but will not tip the U.S. economy into recession, San …
Fed’s Daly: balance sheet reduction should be gradual, predictable
– The Federal Reserve should reduce its balance sheet earlier in the policy tightening cycle and more rapidly than the last time it did so, …
Fed’s Daly: Being too aggressive on rate hikes could be destabilizing
– Being too “abrupt and aggressive” with interest rate increases could be counter-productive to the Federal Reserve’s goals, San Francisco Federal Reserve Bank President Mary …
Fed’s Daly says U.S. inflation could get worse before it gets better
WASHINGTON -High U.S. inflation may get even higher before subsiding in the face of Federal Reserve action and as supply chain strains recede, San Francisco …