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Daly: Policymaking Amid Change
The U.S. economy has remained remarkably resilient this year, navigating uncertainty, changes in government policy, including tariffs, immigration, deregulation, and taxes, an AI-driven technology surge, and modestly restrictive monetary policy. At the same time, inflation, subtracting the impact of tariffs on goods prices, has gradually declined, although it remains elevated. This is all good news and reflects the economy’s underlying strength and our ongoing progress in restoring price stability. But the balance of risks has clearly shifted, as the labor market has rapidly softened and inflation has risen less ... (full story)
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Fed's Daly: Restrictive policy is having a downward pressure on inflation
— FinancialJuice (@financialjuice) November 10, 2025
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FED'S DALY SAYS TARIFFS MAINLY AFFECT GOODS, NOT SERVICES OR OTHER AREAS
— RedboxGlobal (@RedboxWire) November 10, 2025
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FED'S DALY: WE ARE LIKELY EXPERIENCING A NEGATIVE DEMAND SHOCK
— First Squawk (@FirstSquawk) November 10, 2025
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