Federal Reserve Bank of San Francisco President Mary Daly participating in a 'fireside chat' at a conference:
- Recent data has been really good
- Economy is not there yet on inflation
- Labor market is coming back into balance
- Risks on both side for monetary policy choices
- Fed remains data dependant for monetary policy
- Preemptive or urgent policy actions risk making mistakes
- We 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 ;-)
