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
I'll just walk through how I think about it.
So
Yes, you have to take contextualization around it, right?
You know, with where you start matters.
But right now I don't think we're in that place where it's actually is relevant.
Here's why.
Two years ago, if we had a hot labor market and at times it was even frothy and inflation's printing at you know five percent.
Well, then that's a very different economy in terms of where we are than today.
But right now we have an economy that's really resilient.
It has proven its resiliency, but we're also very close to getting to a point of maximum employment and price stability.
So then if you have shocks to the economy and you're in this balance, well then and you've got interest rates that are restrictive, you end up being more vulnerable.
So
It is true that the economy has outperformed everyone's expectations over the past several years.
That's just a fact.
And I think that bodes well for the momentum and the resilience of our economy.
collectively to weather shocks.
But now as we get
The labor market's imbalance, we're starting to see some softening, we're starting to see some sentiment.
We have been seeing sentiment come down.
And then on top of it, inflation is close to our target and interest rates are still restrictive.
Showing 541–560 of 1,237 · page 28 of 62
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