Mary Daly says Fed must study AI impact to guide future interest rate decisions

San Francisco Fed President Mary Daly says officials must analyze if AI is boosting productivity. This data is vital for making future interest rate calls.

San Francisco Federal Reserve Bank President Mary Daly stated on February 17, 2026, that the Federal Reserve must analyze data to determine whether the artificial intelligence sector is materially boosting productivity and enabling faster economic growth without raising inflation. This assessment is vital because it will influence whether the central bank needs to tighten monetary policy in the US USUS.
Federal Reserve Bank of San Francisco President Mary Daly poses for a photograph at the Kansas City Federal Reserve Bank's annual Economic Policy Symposium in Jackson Hole, Wyoming, U.S., on August 25, 2023. REUTERS/Ann Saphir
Federal Reserve Bank of San Francisco President Mary Daly poses for a photograph at the Kansas City Federal Reserve Bank's annual Economic Policy Symposium in Jackson Hole, Wyoming, U.S., on August 25, 2023. REUTERS/Ann Saphir
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