Fed's Daly: Risks to our jobs and inflation mandate now more balanced
Mon pol is still restrictive and working to lower inflationContinued progress on Fed goals not assured, Fed must remain vigilantFed must deliver on 2% inflation while keeping job market at full employmentA continued expansion remains very possibleLabor market has cooled, largely normalizedEconomy is clearly in a better place, inflation has eased a lotFully expects economy to see bumps, disturbances and scaresJob to achieve a soft landing is not completeThere isn't a real hint here on the upcoming meeting. This article was written by Adam Button at www.forexlive.com.
- Mon pol is still restrictive and working to lower inflation
- Continued progress on Fed goals not assured, Fed must remain vigilant
- Fed must deliver on 2% inflation while keeping job market at full employment
- A continued expansion remains very possible
- Labor market has cooled, largely normalized
- Economy is clearly in a better place, inflation has eased a lot
- Fully expects economy to see bumps, disturbances and scares
- Job to achieve a soft landing is not complete
There isn't a real hint here on the upcoming meeting.
