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Federal Reserve’s Daly says she is not looking for coronavirus outbreak to do anything material to US economy. 

Key notes

  • Doesn’t See Virus Having Material Impact On US Economy.
  • Expects ‘A Couple Of Quarters’ Of Slower Growth In China.
  • Policy is in a really good position, labour market had more room to run.
  • Fed’s Daly: US GDP Growth Seen ‘A Little Above Trend’, Economy Is In A Good Position – CNBC
  • 2019 Rate Cuts To Help Fed Weather Uncertainty.
  • Current MonPol Is ‘In A Really Good Position’.
  • Labour Market Has More Room To Run.

More to come…