Federal Reserve Bank of San Francisco President Mary Daly participating in a ‘fireside chat’ at a conference:
Recent data has been really goodEconomy is not there
yet on inflationLabor market is
coming back into balanceRisks on both side
for monetary policy choicesFed remains data
dependant for monetary policyPreemptive or urgent
policy actions risk making mistakesWe are not at price
stability yet
Imagine sitting down with someone for a ‘fireside chat’ and all you get is a discussion on the Federal Reserve? Oh, wait … that would be me 😉
This article was written by Eamonn Sheridan at www.forexlive.com.
