San Francisco Fed President Mary Daly Explains the 'Hawkish Cut' | Odd Lots
发布时间 2024-12-23 12:48:31 来源
摘要
Last week, the Federal Reserve cut benchmark rates by 25 basis points, but simultaneously signaled a slower pace of cuts for next year. The guidance surprised markets and sparked a selloff in both stocks and bonds as traders adjusted to the new forecast. So what made the Fed change its stance? And where do the balance of risks to the economy lie right now? In this episode, we speak with Federal Reserve Bank of San Francisco President Mary Daly about how she's viewing the outlook for both inflation and the labor market. We also talk about the impact of AI on productivity, and how she's thinking about the potential impact of new policies from the incoming Trump administration.
Read More:
Fed’s Daly Says She’s ‘Very Comfortable’ With Two 2025 Rate Cuts (https://bloom.bg/41JtRTM)
Powell Signals Fed’s Focus Has Returned Firmly to Inflation (https://bloom.bg/4gHYeyg)
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Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.
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