SF Fed’s Declare Victory ‘Too Soon’ in Fight Against Inflation – Bloomberg

2023-07-13 16:00:00

San Francisco Fed President John Daly said it was too early to declare the Fed’s efforts to bring inflation down to its target level.

“It’s too early to declare victory in the fight once morest inflation,” Daley said on CNBC on Wednesday. “We are in wait-and-see mode on this as we remain committed to keeping inflation down to 2%,” he said, adding that the inflation data released on Wednesday had been “very positive.”

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Original title:Fed’s Daly Says It’s Too Soon to Declare Victory on Inflation(excerpt)

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