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Fed's Daly: It's time to think about adjusting the interest rate

  • The economy is in a good place
  • Jobs and growth solid
  • Inflation is easing
  • Mon pol is still restrictive
  • It’s time to think about adjusting the interest rate
  • I see two cuts as likely outcome for the Fed this year
  • There is a large amount of uncertainty around the outlook
  • The economy is in a good place, monetary policy is still restrictive

The bolded are a dovish signal. She’s not a voter this year or next but she’s certainly not politically angling in the way that Waller or Bowman are.

This article was written by Adam Button at www.forexlive.com.

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