FED'S DALY COMMENTS ON US ECONOMY AND MONETARY POLICY
FED'S DALY COMMENTS ON US ECONOMY AND MONETARY POLICY
The US economy is in a good place with solid GDP growth and a strong labor market.
Daly uncertain about future rate cuts due to global uncertainty.
No immediate reason to be discouraged about inflation, though progress is slower than expected.
Fed cautious about the next policy adjustment to avoid harming the labor market.
Daly uncertain about the impact of the new administration's policies.
The US banking system is safe and sound.
