Fed's Daly: Fed is positioned to wait and see
Federal Reserve (Fed) Bank of San Francisco President Mary Daly noted on Tuesday that the Fed is firmly planted in wait-and-see mode, specifically noting the chilling effect that economic uncertainty has on policymaking.
Key highlights
The economy is in a very good place.
There is continued momentum in the economy though there is uncertainty.
The Fed can take its time to look at data and policy changes.
Business contacts are optimistic.
We have to make sure we get inflation down, the Fed has not finished the job on inflation yet.
The Fed is in a good position to wait and see.
Businesses are bullish about the use of AI and a sense it will improve productivity.
Reprinted from FXStreet，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.