- Analytics
- News and Tools
- Market News
- Fed's Daly: Omicron extends the time period that inflation will remain high
Fed's Daly: Omicron extends the time period that inflation will remain high
Federal Reserve Bank of San Francisco President Mary Daly said on Friday that the latest Omicron wave will extend the time period that inflation will remain high.
Additional Remarks:
"Covid is the main reason for high inflation."
"We need to unwind the Covid-induced inflation boom to get supply and demand into better balance."
"We have to adjust policy to ensure we achieve price stability."
"Slowing the economy a little bit with rate hikes will help bring demand down into better line with supply."
"We want to bridle the economy a little bit."
"It is appropriate for the Fed to bring inflation down."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
