Extra from Fed's Daly: cautiousness within the economic system weighing on progress, however not stalling out
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Federal Reserve Financial institution of San Francisco President Mary Daly with Q&A now:
- There’s cautiousness, which is tempering progress, however not stalling out
- Its worrisome that prime-age male labour power participation is trending down
Daly spoke earlier, getting deeper into the speed minimize groove:
- Fed’s Daly says its possible the Fed might want to alter coverage in coming months
This text was written by Aaron Cutchburt at investinglive.com.
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