Daly: US Monetary Policy in Good Shape, Cautious on Inflation
Update: 2025-11-10
Description
San Francisco Federal Reserve President Mary Daly reassures that current US monetary policy is on track, emphasizing vigilance on inflation and job market. She acknowledges the impact of interest rate cuts on job growth and inflation, while warning against excessive rate hikes that could harm the economy. Daly also highlights the stable outlook for inflation and the role of asset values in reflecting productivity expectations.
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