Fed's Daly: Bottlenecks are causing both price increases and labor shortages

Comments from the SF Fed President:

Comments from the SF Fed President:
  • Access to childcare and schooling is hindering the return to work
  • Bottlenecks are transitory
  • Jobs stability and predictability is hurting the return of workers
  • She's is 'bullish' on outlook and her modal outlook is quite positive

There's nothing new here. Bostic is up shortly.

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