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• EEconomics, Applied2026-10-14Audio✓ Read

  The Fed’s New Communications Regime | Steven J. Davis, Mary Daly | Hoover Institution

  Steve Davis welcomes Mary Daly for a return appearance on Economics, Applied – this time directly from the Federal Reserve Bank of San Francisco. They discuss the Fed’s new communications regime, how the Fed should respond to demand overheating and inflationary supply shocks, and how Daly thinks about the implications of AI technologies for the conduct of monetary policy. Other topics include wage stickiness and whether the banking system is safe from cyber attacks. ABOUT ECONOMICS, APPLIED

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