{"id":274660,"date":"2025-11-10T18:01:08","date_gmt":"2025-11-10T18:01:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/274660\/"},"modified":"2025-11-10T18:01:08","modified_gmt":"2025-11-10T18:01:08","slug":"feds-daly-says-need-to-avoid-mistake-of-holding-rates-too-long","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/274660\/","title":{"rendered":"Fed\u2019s Daly Says Need to Avoid Mistake of Holding Rates Too Long"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Federal Reserve Bank of San Francisco President Mary Daly said the US economy is probably suffering a downturn in demand while tariff-related inflation appears to be contained for now, and warned against keeping interest rates too high for too long.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">\u201cIf you unpack the data, what you see is, you don\u2019t see inflation running up in services or housing, and importantly, you don\u2019t see it spreading into inflation expectations,\u201d Daly said Monday on Bloomberg TV.<\/p>\n","protected":false},"excerpt":{"rendered":"Federal Reserve Bank of San Francisco President Mary Daly said the US economy is probably suffering a downturn&hellip;\n","protected":false},"author":2,"featured_media":152595,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[125705,45,49,48,548,46,79544,2071,135,9316,1571,4472,100,2100,44426,54813],"class_list":["post-274660","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bank-of-san-francisco","tag-business","tag-ca","tag-canada","tag-economics","tag-economy","tag-federal-open-market-committee","tag-federal-reserve","tag-inflation","tag-interest-rates","tag-labor","tag-london","tag-markets","tag-policy","tag-reserve-bank","tag-wage-growth"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/274660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=274660"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/274660\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/152595"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=274660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=274660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=274660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}