Daly: Fed trying to lower inflation without slowing economy


  • Comments by SF Fed President Mary Daly on Newsy’s morning radio show

Adam button

Friday 15/07/2022 | 14:39 GMT-0

07/15/2022 | 14:39 GMT-0

  • The U.S. economy is strong and consumers continue to spend
  • The labor market remains strong
  • Inflation is too high
  • The Fed is trying to lower inflation without slowing the economy
  • Don’t worry about overcooking things on rate hikes
  • We recall support for the economy
  • The July FOMC will be “a good discussion”
  • UMich data on consumer inflation expectations was ‘a good thing’
  • We are starting to see green shoots of hope forming in the housing market
  • I don’t have a recession at the top of the list of possible outcomes
  • Now it’s about getting inflation down
  • Campsites and restaurants are crowded

We heard from Daly on Wednesday night when she said her preferred response was a 75 basis point rate hike, but 100 basis points was possible.

The most popular


cnbctv18-forexlive-benzinga

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button