Fed's Daly Says Policy Is in Good Place, Returning Inflation to Target Is No. 1 Priority
businessmacroeconomics 6 posts · 2 accounts
Daly said Fed policy is in a good place for now, but uncertainty lies ahead and the central bank is prepared to respond either way. She said getting inflation back to target is the number one priority.
She said the labor market is resilient and has stabilized, while adding it is hard to say it has firmed. The comments paired confidence in the current policy setting with caution about the outlook.
From the sources (6 posts)
@financialjuiceFed's Daly: Policy in a good place.
@financialjuiceFed's Daly: Prepared to respond either way.
@financialjuiceFed's Daly: Right now, policy is in a good place but uncertainty ahead.
@firstsquawkDALY SAYS HARD TO SAY LABOR MARKET HAS FIRMED
@firstsquawkDALY SAYS LABOR MARKET IS RESILIENT, WE'VE STABILIZED
@financialjuiceFed's Daly: The most worrying today is getting inflation back to target. It's the number one priority.