Fed’s Daly: Need patience on rates until inflation rises faster
|More comments are crossing the wires from the new San Francisco President Mary Daly, courtesy Reuters, now speaking about the Fed’s interest rates outlook.
“We are very near neutral level of rates.
Fed does not balance sheet policy to be working at cross purposes with rate policy.
US economy is restraining itself and faces headwinds, so need patience on rates.
Want patience on rates until she sees inflation rising faster.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.