Fed’s Daly says modal outlook expects inflation shocks to dissipate
Federal Reserve official Mary Daly says her modal outlook expects inflation shocks to dissipate, offering a qualitative view of the inflation path with no additional data or policy action stated.
Story updates
12:36:46 PM UTC
SquawkNews
Fed's Daly: Recent jobs and inflation data have not changed outlook so far.
12:42:15 PM UTC
SquawkNews
Fed's Daly: policy is in a good place, is watching markets - Modal outlook expects for inflation pressures to fade - Was 'very supportive' of Fed's July interest rate hold - Recent jobs and inflation data have not changed outlook so far - Doesn't see job market contributing to inflation right now
12:48:01 PM UTC
SquawkNews
Fed's Daly: Labor market stable, my attention is on inflation.
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.