Forex
globalreutersJune 24, 20241 Mins read
Fed’s Daly: Must be thoughtful about not loosening too early or holding too long
globalreutersJune 24, 20241 Mins read They’re going to hold too long. It was written in stone they would hold too long after they blew it on inflation.
- Initial claims still coming in low
- We see cautious optimism in the business community
- At this point, the risks to inflation and employment are in better balance
- From contacts, concerns now are the ones we had in 2019
- There’s no evidence that stagflation or recession is in our future
This article was written by Adam Button at www.forexlive.com.
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