In recent statements, FED official Mary Daly shared her views on the current state of the economy and potential changes in monetary policy.
State of the Economy and Monetary Policy
Mary Daly stated that the US economy is in "good shape" and that the current monetary policy is "balanced."
Impact of Tariffs on Inflation
According to Daly, the impact of tariffs on inflation has not been as serious as initially thought. She pointed out the positive trend of declining inflation, adding: "The economic fundamentals are moving toward the possibility of a rate cut."
Diverging Opinions within the FED
There are striking differences of opinion among FED officials. Seven out of 19 believe that no rate cuts should be made this year, while eight forecast two cuts. Two officials expect one cut, and two expect three.
Mary Daly reflects confidence in positive trends within the US economy, but disagreements within the FED may affect future monetary policy decisions.
