San Fransico Fed President Mary Daly is back on the wires now, this time speaking in a Bloomberg interview.
Key Quotes:
We see domestic economy that is really solid.
Looking carefully at business investment.
Fed has tools necessary to do its job.
Need to be thoughtful about reaching inflation and jobs goals.
I do not consider political issues as a policy maker.
- Fed’s Daly: In a “watch and see” position on monetary policy right now
- Fed’s Daly: Biased toward running economy hot, given low inflation and uncertainty over full employment
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