SF Federal Reserve President says inflation indicators are extremely good - price stability has not been achieved
2024/7/19 9:05 JST (some excerpts)
The employment situation is at an inflection point - SF Federal Reserve Governor Daly
It is necessary to balance the costs of acting quickly and making mistakes
President Daly of the San Francisco Federal Reserve Bank of the United States expressed recognition on the 18th that the US financial authorities have not yet achieved price stability, even though recent inflation data is “extremely good.”
President Daly said at a roundtable discussion held in Dallas, “We haven't reached that point yet. We do not have price stability at the moment, and we need to be convinced that we are on a sustainable path to achieving it,” he said.
The employment situation is at an inflection point - SF Federal Reserve Governor Daly
It is necessary to balance the costs of acting quickly and making mistakes
President Daly of the San Francisco Federal Reserve Bank of the United States expressed recognition on the 18th that the US financial authorities have not yet achieved price stability, even though recent inflation data is “extremely good.”
President Daly said at a roundtable discussion held in Dallas, “We haven't reached that point yet. We do not have price stability at the moment, and we need to be convinced that we are on a sustainable path to achieving it,” he said.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
