San Francisco Fed President Mary Daly Explains the 'Hawkish Cut'
Odd Lots23 Joulu 2024

San Francisco Fed President Mary Daly Explains the 'Hawkish Cut'

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
Powell Signals Fed’s Focus Has Returned Firmly to Inflation

Become a Bloomberg.com subscriber using our special intro offer at bloomberg.com/podcastoffer. You’ll get episodes of this podcast ad-free and exclusive access to our daily Odd Lots newsletter. Already a subscriber? Connect your account on the Bloomberg channel page in Apple Podcasts to listen ad-free.

See omnystudio.com/listener for privacy information.

Jaksot(1186)

Here's What Could Happen to Venezuela's Messy $170 Billion of Debt

Here's What Could Happen to Venezuela's Messy $170 Billion of Debt

There are a bunch of questions right now about the future of Venezuela, and one of the big ones is what's going to happen to its circa $170 billion pile of debt. Some investors have been snapping up d...

8 Tammi 35min

This Is What Maduro's Arrest Means for the Oil Market

This Is What Maduro's Arrest Means for the Oil Market

Venezuela is sitting on, by some measures, the biggest oil reserves in the world. And yet, in the immediate wake of Maduro's capture by US forces, the actual price of oil has moved very little. So wha...

7 Tammi 46min

What Really Happens at a Fed Research Conference

What Really Happens at a Fed Research Conference

Every year, regional Federal Reserve banks host some of the most substantive — and under-the-radar — events in the central banking world: research conferences. Behind the formal papers and dense macro...

5 Tammi 41min

The Business of Butterworth's, the Hottest New Restaurant in Washington DC

The Business of Butterworth's, the Hottest New Restaurant in Washington DC

When the Odd Lots team was down in Washington DC earlier this year, we had a phenomenal meal at a restaurant called Butterworth's. As it turns out, the restaurant is one of the hottest hangouts for th...

2 Tammi 52min

Tracy and Joe Answer All Your Questions

Tracy and Joe Answer All Your Questions

It's that time of the year. On this episode, Tracy and Joe answer questions from listeners that were submitted via voice note. We talk about everything from Chinese history to whales to whether or not...

1 Tammi 34min

Goldman's Hatzius and Snider on the Outlook for 2026

Goldman's Hatzius and Snider on the Outlook for 2026

2025 was an extraordinary year, with the real economy defying recession worries and equity markets putting up monster returns. So can this be repeated again in 2026? On this episode, we speak with two...

29 Joulu 202546min

Merryn Talks Money: John Law, The Gambler Who Invented Modern Money (Part 1)

Merryn Talks Money: John Law, The Gambler Who Invented Modern Money (Part 1)

Hello Odd Lots listeners! As we take a break for the holidays we'd like to take a moment and bring you an episode by one of our sister shows here at Bloomberg Podcasts, Merryn Talks Money. In this sp...

26 Joulu 202533min

Scott Kupor's New Plan to Bring Tech Workers Into the Federal Government

Scott Kupor's New Plan to Bring Tech Workers Into the Federal Government

If you're a high-skilled tech worker, then potentially huge fortunes await you working for a startup or one of our booming AI giants. But the government needs these types of workers too. And the gover...

25 Joulu 202559min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-rahamania
ostan-asuntoja-podcast
hyva-paha-johtaminen
rss-lahtijat
rss-sisalto-kuntoon
rss-seuraava-potilas
rss-sami-miettinen-neuvottelija
rss-startup-ministerio
herrasmieshakkerit
rahapuhetta
lakicast
rss-porssipuhetta
asuntoasiaa-paivakirjat
rss-set-for-life-sijoita-ja-vaurastu
rss-viisas-raha-podi
rss-vaikuttavan-opettajan-vierella