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
The divine coincidence is a lovely place for central bankers to be.
They wish they could live there all the time where one interest rate solves both goals, not where we are.
If we lower the interest rate, it takes some of the downward pressure off inflation, but we'll still get there.
But we're supporting the labor market.
If we completely support the labor market with no
Attention to inflation, we're likely to see it shoot up again.
So not perhaps as low high as it was before, but definitely there.
So those are trade-offs.
We have to explain to the American people, we're making decisions under trade-offs and we're lowering the policy rate because we don't want to break the labor market in an effort to give you a little bit lower inflation a little bit faster.
I think that's the burden on us.
That's our responsibility.
We have to do better at it.
Only from the standpoint that more people are accessing the stock market, but still not the majority of people, right?
More people have it than have it four oh one K or have some some kind of an index fund that they're investing in.
But it's not you so universal that it's a main driver.
What I have noticed is that since the stock market rebounded, you know, had
is that a lot of people who
thought they were going to return to work from the fifty five and older, went back into retirement or taking care of grandchildren.
Because there was a lot of ideas, you know, that is a very sensitive group of people.
And if you've retired and then you see your stock market valuations fall, your four oh one K fall, you think, oh maybe I should do something.
Showing 601–620 of 1,237 · page 31 of 62
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