Fed's Daly Sees Inflation Slowing, Warns of Uncertainties

San Francisco Fed President Mary Daly said inflation should begin to slow, but she emphasized the economic outlook remains uncertain. The comments, delivered at a Bank of Spain event in Santander, are incremental rather than a policy decision, but they may modestly influence rate-expectations sentiment.

Analysis

San Francisco Fed President Mary Daly said inflation should begin to slow, but she emphasized the economic outlook remains uncertain. The comments, delivered at a Bank of Spain event in Santander, are incremental rather than a policy decision, but they may modestly influence rate-expectations sentiment.