--

[Daly: Policymakers May Need to Tighten Monetary Policy Based on Macroeconomic Data] Federal Reserve Bank of New York President Daly stated that based on the evolving trends of current macroeconomic data, policymakers may need to tighten monetary policy. With inflation data yet to return to the target range and the labor market remaining tightly balanced, there is a risk in prematurely loosening the policy stance. Decision-makers will monitor changes in economic indicators and adjust interest rates accordingly. (Source: Jintou Data)

Loading...