San Francisco Federal Reserve President Daly: The risks of employment and inflation in the United States are roughly balanced
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San Francisco Federal Reserve President Mary Daly stated that the Federal Reserve's monetary policy is in a "good place," with risks to U.S. employment and inflation roughly balanced. She emphasized the need to adjust policies based on changing conditions and mentioned that the Federal Reserve is maintaining interest rates at 4.25%-4.5%, with differing forecasts for economic growth slowing, rising inflation, and increasing unemployment rates. Daly believes that action may be taken in the fall but did not comment on the economic or policy outlook
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