Fed's Daly (non-voter): Fed policy still in slightly restrictive position; AI investment shock has people wondering if it will be inflationa

If central bank acts too quickly it could prematurely bridle things, if you act too slowly it could be unwelcome for citizens - - Don't see any signs of lack of economic resiliency, despite above-target inflation - - There is a scenario where Fed has to fight inflation - - Should look for better inflation, labor data, but should not move goalposts