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Fed's Daly: We need to recalibrate monetary policy to match risks to the Fed's goals
Added at 3:12pm
- FED'S DALY:
WILL LIKELY NEED TO ADJUST POLICY IN THE COMING MONTHS
CAN'T WAIT FOR PERFECT CLARITY TO ACT
TARIFFS UNLIKELY TO BOOST INFLATION PERSISTENTLY IN A WAY THAT MONETARY POLICY WOULD NEED TO OFFSET
LABOR MARKET HAS SOFTENED, ADDITIONAL SLOWING WOULD BE UNWELCOME
NEED TO RECALIBRATE MONETARY POLICY TO MATCH RISKS TO FED'S GOALS
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Aug 6, 2025 3:19pm
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