Federal Reserve (Fed) Bank of San Franciso President Mary Daly noted on Tuesday that prospects of further rate cuts this year remain murky in the face of policy uncertainty despite an overall ...

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Federal Reserve (Fed) Bank of San Francisco President Mary Daly noted on Tuesday that the Fed is firmly planted in wait-and-see mode, specifically noting the chilling effect that economic ...

“We don’t need to be preemptive” in our decision making, Daly said. The San Francisco Fed chief also said the job of bringing inflation down to 2% had not been finished, and she was devoting “100% of ...

Fed Chair Jerome Powell and other officials, including Daly, have said they are not in a hurry to lower rates further as they wait for a moderation in inflation and more details about President ...

Federal Reserve Bank of San Francisco Mary Daly said the US economy was in a good position, and the central bank didn’t need to react quickly to policies introduced by the Trump administration.

The unemployment rate was 4% in January, below what most Fed officials feel is sustainable in the longer run. Daly's view that rates ought to stay where they are appeared to be in sync with that ...

La presidenta del Banco de la Reserva Federal de San Francisco, Mary Daly, dijo que la política debe seguir siendo restrictiva hasta que haya más avances en materia de inflación, que espera que ...

Federal Reserve Bank of San Francisco President Mary Daly says the US economy and labor market are solid and the Fed still has more work to do on inflation at an event hosted by the Commonwealth ...

They have also muddied expectations about how much more the Fed can lower rates after reducing them by a full percentage point last year. Ms. Daly said she was focused on the “net effect” of ...

“At this point, policy needs to remain restrictive until, from my vantage point, until I see that we are really continuing to make progress on inflation,” Daly said Tuesday in a question-and-answer ...