Daly says she hasn’t moved her dot since last year.
- Need a wait-and-see posture on monetary policy, give industries time to adjust to tariffs
- Policy is in a good place, have to be patient
- Doesn’t have enough info to change her forecast
- Hearing ‘cautious optimism’ from businesses
I have long said that when policymakers say they ‘still’ believe in something, they don’t really believe it.
This article was written by Adam Button at www.forexlive.com.