San Francisco Fed Pres. Mary Daly his is speaking and says:
- Committed to bring inflation back to Fed’s 2% target.
- Monetary policy is slightly restrictive, and would put downward pressure on inflation should US war in Iran resolve.
- Said no indication yet that the energy prices surge is driving medium or longer-term inflation expectations higher.
In addition to daily, Fed’s Kashkari (2026 voter) says
- inflation remains too high
This article was written by Greg Michalowski at investinglive.com.
