Fed's Daly: The economy is doing really well

Fed's Daly: The economy is doing really well | Forexlive

• Daly speaks in a fireside chat in San Diego

• Highlights improving consumer sentiment data (likely today's UMich report)
• I've heard cautious optimism about the economy
• I see a decrease in inflation
• Politics is in a good place
• We are in a good place with politics and economics and can be more patient and wait to see what we need to do next
• We don't want to solve the inflation problem by taking jobs away from people
• We don't want to relax the policy too soon
• This year's task is about calibration
• Inflation in the prices of goods is falling and the prices of services are falling
• There is a deliberate march toward normalization
• Cyclically we get to a better place

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