July 18, 2024 at 11:19PM
Federal Reserve Bank of San Francisco President Mary Daly participating in a ‘fireside chat’ at a conference:
Recent data has been really good
Economy is not there
yet on inflation
Labor market is
coming back into balance
Risks on both side
for monetary policy choices
Fed remains data
dependant for monetary policy
Preemptive or urgent
policy actions risk making mistakes
We are not at price
stability yet
Imagine sitting down with someone for a ‘fireside chat’ and all you get is a discussion on the Federal Reserve? Oh, wait … that would be me 😉
This article was written by Eamonn Sheridan at www.forexlive.com.
Fed’s Daly sees inflation data improving but says not at target yet