Fed’s Daly says inflation pressures expected to fade
SPDR S&P 500 ETF Trust (SPY) linked commentary from Fed official Mary Daly says the policy “modal outlook” expects inflation pressures to fade, and that recent jobs and inflation data have not changed that outlook.
SPY Fed's Daly: 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 - Early days to discuss Treasury issuance patterns - Fed will find a way to achieve its policy goals