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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 informationIt’s clear inflation
is coming down, labor market is slowingI am more confident
we are on a sustainable path to 2%Communication itself
is a policy adjustment

Earlier:

Fed’s Daly says minds are open to cutting rates in coming meetings

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

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