Federal Reserve’s Daly:
- Monetary policy well-positioned, moderately restrictive
- Businesses are cautious amid uncertainty, but not stalling out
- Solid growth, solid labor market, declining inflation, that’s where we want to be
- Fed policy can respond to whatever comes in the economy
- Patience is the word of the day
- Loan demand solid, credits are good
Federal Reserve Bank of San Francisco President Mary Daly is speaking in a fireside chat format before the California Bankers Association 25th Annual Conference and Directors Forum
This article was written by Eamonn Sheridan at www.forexlive.com.
