San Francisco Fed President Mary Daly said she supports lowering interest rates at the central bank’s meeting next month

The views of the San Francisco Fed president are significant because she has rarely deviated publicly from the position of Chair Jerome Powell. 2025-11-24 19:55:00 Nick Timiraos

Continue ReadingSan Francisco Fed President Mary Daly said she supports lowering interest rates at the central bank’s meeting next month

The Federal Reserve is struggling to persuade some banks to use a lending tool designed to improve the central bank’s control over short-term money markets

Some banks have been concerned about the appearance of using the standing repo facility, despite the Fed’s assurances. 2025-11-24 17:00:00 Matt Grossman

Continue ReadingThe Federal Reserve is struggling to persuade some banks to use a lending tool designed to improve the central bank’s control over short-term money markets