Fed's Daly Says Don't Want To React Quickly When World Is Changing Quickly; I'm A Gradualist, Want To Take Things Slowly
Fed's Daly Says Don't Want To React Quickly When World Is Changing Quickly; I'm A Gradualist, Want To Take Things Slowly
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Fed's Daly: I'm a gradualist, want to take things slowly
Fed's Daly: I'm a gradualist, want to take things slowly
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,