In a recent statement, FED member Mary Daly discussed the state of the US economy and monetary policy. She highlighted the stability and cautious decision-making needed in the face of uncertainty. Daly mentioned that the economy is in good shape with a strong labor market, but warned against premature optimism regarding inflation. She stressed the importance of monitoring economic indicators before making any policy changes and emphasized the need for sustained progress in inflation before considering interest rate cuts. Regarding fiscal policy, Daly acknowledged the uncertainty surrounding the new US government's plans but assured that the current monetary policy framework is adaptable. She also discussed the cryptocurrency sector, acknowledging its potential while advocating for cautious oversight to prevent stifling innovation.



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