Fed's Daly: Inflation Remains Top Priority, Outlook Uncertain
San Francisco Fed President Mary Daly reiterates that returning inflation to target is the Fed's primary concern, while highlighting uncertainty over the economic outlook and the path of interest rates.
Federal Reserve Bank of San Francisco President Mary Daly stated on Thursday that inflation is still the central bank's top priority. She emphasized the uncertainty surrounding the economic outlook and the future trajectory of interest rates.
Daly's remarks reinforce the Fed's cautious stance, with no clear signal on the timing of potential rate adjustments. Markets are watching for further guidance from other Fed officials.
Source: FXStreet Forex News