{"id":44448,"date":"2025-08-05T01:07:10","date_gmt":"2025-08-05T01:07:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/44448\/"},"modified":"2025-08-05T01:07:10","modified_gmt":"2025-08-05T01:07:10","slug":"feds-daly-comments-be-careful-of-the-narratives-pundits-are-choosing","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/44448\/","title":{"rendered":"Fed&#8217;s Daly comments &#8211; be careful of the narratives pundits are choosing"},"content":{"rendered":"<p data-v-64ab016d=\"\">Remarks from Federal Reserve Bank of San Francisco President Mary Daly are here:<\/p>\n<p data-v-64ab016d=\"\">I think my headline is a reasonable approximation of the intent of her remarks. It was chosen under time pressure to just get the news out there. <\/p>\n<p data-v-64ab016d=\"\">Some of the headlines being pumped out now have taken more time, and the &#8220;narrative&#8221; chosen more carefully. Be careful to read the articles, not just the headlines, as headlines are often chosen to reflect the bias of those writing them.<\/p>\n<p data-v-64ab016d=\"\">Reuters have this, being retweeted by those liking this angle:<\/p>\n<p>Fed&#8217;s Daly says time is nearing for rate cuts, may need more than two<\/p>\n<p data-v-64ab016d=\"\">Some crypto media (who seem a bit clueless &#8230;. I&#8217;ll explain in a moment) going with:<\/p>\n<p>Daly Makes Statements About Rate Cuts: \u201cI Can\u2019t Wait Forever\u201d<\/p>\n<p data-v-64ab016d=\"\">Why clueless? Well, this:<\/p>\n<p>Daly said that monetary policy adjustments would be discussed \u201cimmediately\u201d at each Fed meeting going forward. However, he noted that there was still significant uncertainty about whether a rate cut would occur in September.<\/p>\n<p data-v-64ab016d=\"\">Daly is NOT a &#8216;he&#8217;. Sheesh, its not rocket science. <\/p>\n<p data-v-64ab016d=\"\">I haven&#8217;t seen anything from Bloomberg yet. <\/p>\n<p data-v-64ab016d=\"\">Liike I said, be sure to read the articles. Mine is linked above with my take on her remarks.<\/p>\n","protected":false},"excerpt":{"rendered":"Remarks from Federal Reserve Bank of San Francisco President Mary Daly are here: I think my headline is&hellip;\n","protected":false},"author":2,"featured_media":44449,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,25367,56,54,55],"class_list":["post-44448","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-federal-reserve-daly","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/44448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=44448"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/44448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/44449"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=44448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=44448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=44448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}