Fed's Kugler, Daly say job not done on inflation
Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank's job of taming inflation is not yet done, ...
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 ...
Crypto’s identity crisis: Fed’s Daly says it’s no gold, needs its own definition
The debate surrounding the true nature of cryptocurrency continues to evolve, with San Francisco Federal Reserve President ...
Fed officials fretted about 'likely effects' of Trump trade and immigration policies
Almost all Federal Reserve officials agreed in their last meeting that 'upside risks to the inflation outlook had increased' due in part to the 'likely effects' of expected changes in trade and ...
Fed officials signal more gradual approach to lowering rates as 2025 begins
Federal Reserve governor Lisa Cook said Monday it makes sense to lower interest rates more gradually given resilience in the job market and stickier-than-expected inflation, the latest central bank ...
MarketWatch20d
Why cut rates? Fed wanted to keep unemployment low and not 'break' economy, Mary Daly says.
San Francisco Fed President Mary Daly said the central bank was trying to avoid a recession and engineer a so-called soft landing in an interview on Bloomberg. She is one of several top Fed ...
Wall Street Journal17d
SF Fed’s Daly Says December Rate Cut Was Justified
according to San Francisco Fed President Mary Daly. “Otherwise, what you end up doing is breaking the economy,” Daly said on an episode of Bloomberg’s Odd Lots podcast. “If you leave the ...
Stock futures are little changed after a rocky start to 2025: Live updates
Wall Street is coming off a choppy trading session, with investors taking profits in some notable 2024 gainers such as Apple ...
The Taipei Times4d
Inflation still too high: US officials
Officials have lowered interest rates by a full percentage point since September last year. However, in the wake of a stall ...
Jobs growth in December helps US end 2024 on consistent note
US employers slowed down hiring in December, wrapping up the year with moderated yet healthy job growth. Economists expect ...
Voice of America5d
Fed's Kugler, Daly say job not done on inflation
The remarks, from Governor Adriana Kugler and San Francisco Fed President Mary Daly, highlight the delicate balancing act facing U.S. central bankers this year as they look to slow their pace of ...