by Joshua Gibson
FX Street
Mary C. Daly, President of the Federal Reserve (Fed) Bank of San Francisco, highlighted the uncertainty facing the Fed while participating in a fireside chat at George Mason University in Virginia.
Key highlights
The last three months has left considerable uncertainty about the next few months of inflation.
There is considerable uncertainty about inflation in the next three months.
Daly is getting different signals from firms who say consumers seem to be getting choosy but input prices are not yet receding.