With the information we have received today, which includes data on employment, inflation, GDP growth, and the outlook for the economy, I see it as likely that policy adjustments will be warranted
by Ann Saphir
Yahoo! Finance
“With the information we have received today, which includes data on employment, inflation, GDP growth, and the outlook for the economy, I see it as likely that policy adjustments, some policy adjustments, will be warranted,” Daly said in a group interview held by phone. “Exactly when that happens and when it would be appropriate to make an adjustment to policy is still unclear.”
With inflation likely to cool further, though with potentially “bumpy” progress, the economy seems to be heading “more or less” to where one or two interest rate cuts this year as projected in the June Fed policymaker forecasts “would be the appropriate path,” she said.