Published Dec 23, 2024
San Francisco Fed President Mary Daly Explains the 'Hawkish Cut'
Mary Daly, President of the San Francisco Fed, delves into the 'hawkish cut' in interest rates, the complexities of inflation driven by housing and labor market challenges, and how AI-driven productivity parallels past tech revolutions, underscoring the limitations of the Fed's tools and the need for collaborative solutions.
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