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
That leaves us more vulnerable.
Think back to 2019.
2019, we cut rates twice.
And we did that in part because we had all these headwinds coming from overseas.
So we weren't in a precarious place, but we were accommodating.
to the headwinds.
We were trying to support the economy against those headwinds to ensure we didn't tip over.
I see today as very similar.
The only difference, and it's important difference.
It's a very important difference.
Inflation's not one point eight.
Inflation is higher and met and expected to go higher at least temporarily on the basis of tariffs.
And so you're it's always more challenging and this will be a communications challenge.
If we are lowering the interest rate in the face of rising inflation, then the burden is on us to explain that we're not seeing persistence and to offer what is true that if it turns out to be persistence built, we will turn around and raise the interest rate.
about.
Absolutely.
I think when the tariff announcements on Liberation Day were very high, it wasn't clear that countries wouldn't reciprocate and tariff us or that no retaliation.
And no retaliation, that they wouldn't that they wouldn't actually that they would go to the negotiating table.
And so all of that's happened.
And then on top of it, it wasn't clear how firms would respond.
Showing 561–580 of 1,237 · page 29 of 62
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