- Analytics
- News and Tools
- Market News
- Fed's Daly: shifts in labort market could trigger policy adjustments
Fed's Daly: shifts in labort market could trigger policy adjustments
San Francisco Federal Reserve (Fed) President Mary C. Daly spoke about the Fed's policy outlook during an interview on Fox Business on Friday.
The San Francisco Fed President since 2018, Mary C. Daly will be rotating from an Alternate Member voting seat to a full Member for the 2024 Fed chair rotation when the Fed next meets on January 31, and she will directly vote on rate operations through the fiscal year.
Key highlights
- Fed's Daly: early signs of faltering in the labor market could trigger policy adjustments.
- It's also important to watch for any rises in delinquency rates as an early indicator of economic weakness.
- Fed needs to get inflation on a consistent trajectory to 2%, need further evidence to feel confident in rate adjustments.
- Markets are premature in thinking rate cuts are just around the corner.
- It is far too early to declare victory on inflation.
© 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
