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.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

newest first · ▶ plays the moment

Even if the direction, I mean, even if the magnitude is vastly different than anything I

I probably think we'll go forward.

I think the direction of change is accurate.

I love that question because I think it's hard to remind people on a regular basis that we are not the only game in town at the Federal Reserve.

We don't control we're not yield curve targeters, so we're not controlling all the things that would move the yield curve.

What moves along into the yield curve is of course Fed policy.

Inflation expectations.

Those have been well anchored, so I don't think that's driving them.

Geopolitical risks.

How are how we're viewed as a trading country or a reserve currency?

What our debt looks like going forward in projections, and how we think we're going to manage all of that together, right?

So right now it looks like the markets are just reacting to all of the risk.

We have rising debt, we have geopolitical risk.

We're not sure how our trading partners like us right now.

And then all of this could be burdensome and mostly could push up the real rate of interest over time, right?

The natural rate of interest or the neutral rate of interest.

And so you're seeing that.

And ultimately the Fed can

adjust policy in the short end in a way that's meant to balance the goals, but we can't control all the aspects of the yield curve.

Well, let me say this.

Showing 421–440 of 1,237 · page 22 of 62