Mary Daly
speaker
1,237 appearances
2 recordings
1 series
first heard Dec 2024
last heard Aug 2025
Mary Daly’s voice in public audio — every appearance, attributed to the second.
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Appearances
be part of the way the president or the administration or Congress would like to see the Fed go.
But that's why the Fed is independent, because ultimately Congress gave
Use the monetary policy responsibilities so that we could make decisions that go past any particular administration that are independent of political activities or political plans.
So those are good things about the Fed.
And ultimately, if you take a job at the Federal Reserve, and especially if you're in leadership of the Federal Reserve, Federal Reserve Bank President or Governor, you have to
Almost like tap a stone when you take the job.
It's part of the part of your oath, basically, that you're going to make monetary policy that serves all Americans and in a way that is not influenced by political leanings one way or another.
So I make the same
decisions using the same information, using the same models and sources.
Of course the models and sources change depending on the kind of condition we're in in the economy, but the process, we talked about process a moment ago.
The process remains the same.
Be curious?
Figure out as much as you possibly can, always learn, then take a decision that you think is right, that we collectively think is right for the nation and the outlook.
And then in have enough humility that you can ask the question, did we make the right decision?
And what more do we need to learn to make a better one?
And I think that always works.
And that's im that's immune to political pressure because ultimately.
I get up every day knowing that my work serves Americans.
That's who I work for and that's what we do.
You know, I'm gonna put it slightly differently than main instruments.
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