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More from Fed’s Daly – monitoring labour market indicators carefully

Federal Reserve Bank of San Francisco President Mary Daly

  • none of the labour market indicators she looks at are flashing red at present, but she is monitoring carefully
  • Fed is prepared to act as we get more information
  • It’s clear inflation
    is coming down, labor market is slowing
  • I am more confident
    we are on a sustainable path to 2%
  • Communication itself
    is a policy adjustment

Earlier:

This article was written by Eamonn Sheridan at www.forexlive.com.

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