Steady Through Change: In Policy, Business, and Life
Mary Daly
Speech from Federal Reserve Bank of San Francisco
Abstract:
Federal Reserve Bank of San Francisco President and CEO Mary C. Daly delivered keynote remarks on the outlook for the U.S. economy at the annual Spencer Fox Eccles Convocation at the University of Utah’s David Eccles School of Business. She emphasized staying steady through change—in policy, business and life. Following her remarks, she joined Kurt Dirks, Dean of the David Eccles School of Business, for a moderated conversation. The event was presented by the Utah chapter of the National Association of Corporate Directors.
Pages: 7
Date: 2025-09-24
Note: Speech to the Spencer Fox Eccles Convocation at the David Eccles School of Business, University of Utah, Salt Lake City, September 24, 2025, 1:10 pm PT (2:10 pm MT), by Mary C. Daly, President and Chief Executive Officer, Federal Reserve Bank of San Francisco.
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https://www.frbsf.org/wp-content/uploads/SF-Fed-Ma ... -FINAL-EMBARGOED.pdf Full text - speech transcript (application/pdf)
https://www.frbsf.org/news-and-media/events/2025/0 ... ok-from-mary-c-daly/ Watch the video (text/html)
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Journal Article: Steady Through Change: In Policy, Business, and Life (2025) 
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