San Francisco Fed President Daley: U.S. inflation is expected to gradually fall, but the economic outlook still remains uncertain.
Zhixin Finance APP learned that Mary Daly, President of the Federal Reserve Bank of San Francisco, stated that although US inflation is expected to gradually decline, there is still considerable uncertainty in the current economic outlook. If inflation remains higher than expected, the Federal Reserve may need to take more aggressive policies to respond. Daly said at an event in Santander, Spain on Thursday that the current monetary policy of the Federal Reserve is still slightly restrictive, which will help push inflation gradually lower.
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