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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 complete

There isn’t a real hint here on the upcoming meeting.

This article was written by Adam Button at www.forexlive.com.

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