San Fran Fed head Mary Daly:
More … Headlines via Reuters
- right now the appropriate policy is to be patient
- says US economy is in a good place
- says she will stay patient on rates until data suggests they should go one way or another
- says is approaching balance sheet composition question with no preconceived notions
- says it is taking longer than usual for inflation pressures to appear
- says she believes there will be upward pressure on inflation even if fed is patient
Earlier Daly News:
- More again from Fed's Daly ... taking a meta view on tariffs!
- Fed's Daly: Fed has not sustainably met 2% inflation goal
- Fed's Daly: Fed funds rate is now at neutral
