San Francisco Fed President Mary Daly says monetary policy is in a good place
San Francisco Fed President Mary Daly says current policy is well positioned as inflation declines. She noted that recent rate cuts boosted the labor market.
San Francisco Federal Reserve President Mary Daly stated on Thursday, February 19, 2026, that monetary policy in the US 
US is "in a good place" given the current economic environment. Her assessment of the Federal Reserve System's stance comes as the U.S. labor market has shown marked improvement following the series of rate cuts implemented last year. This progress is a significant factor for policymakers as they evaluate the national economic trajectory and the U.S. monetary policy.
US is "in a good place" given the current economic environment. Her assessment of the Federal Reserve System's stance comes as the U.S. labor market has shown marked improvement following the series of rate cuts implemented last year. This progress is a significant factor for policymakers as they evaluate the national economic trajectory and the U.S. monetary policy.
