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Rising Rents and Stagnant Wages: Today's Economic Challenges with San Francisco Fed President Mary Daly

From kyla.substack.com

I had the incredible opportunity to interview Mary Daly, the President and CEO of the San Francisco Federal Reserve on monetary policy, the labor market, Claudia Goldin, and more. Special thanks to the Chicago Council on Global Affairs. {video} The Interview: Kyla: I want to begin by first talking about the housing situation. So there was a letter from housing centric associations, including the NAHB and the National Association of Realtors asking Jerome Powell to stop hiking rates and to not sell off any mortgage backed securities until the housing market has stabilized. And there's this push pull that's going on ... (full story)

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  • Category: Fundamental Analysis