Exclusive: San Francisco Fed's Daly says no "urgency" to adjust interest rates
Briefly

I'm not confident inflation is yet coming down sustainably to 2%, but I don't see any evidence right now that we need to adjust upwards either. Fortunately, policy is in a very good place. We are in what I call the ready position. We can adjust policy as we need to. - Mary Daly
From my conversations with these students and other students, they feel a lot of uncertainty. I remind them that the economy they're going into is one with a very solid labor market and pockets of strength. We have an ongoing period of real wage growth, which, frankly, we didn't have for almost two years. - Mary Daly
Read at Axios
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