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. Source