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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,
If central bank acts too quickly it could prematurely bridle things, if you act too slowly it could be unwelcome for citizens
San Francisco Federal Reserve Bank President Mary Daly participates in "High Level Policy Dialogue" before the 5th Banco de España-CEMFI-UIMP Conference on the Spanish Economy"Housing and Institutions: Challenges and Opportunities for Spain" conference, hosted by the Bank of Spain.
Fed's Daly: If the central bank acts too quickly, it could prematurely bridle things; if you act too slowly, it could be unwelcome for citizens
Fed's Daly: If Central Bank Acts Too Quickly It Could Prematurely Bridle Things, It Could Be Unwelcome For Citizens