Fed resolute on getting inflation down to 2%, Daly says
ReutersMay 29, 2025 8:17 PM
May 29 (Reuters) - San Francisco Federal Reserve President Mary Daly on Thursday said the central bank is "resolute" on getting inflation down to the Fed's 2% goal, and the Fed's policy is in a good place to do so.
"We might not get here this year, but we are making progress and importantly, we remain resolute to get the job done," Daly said at the Oakland Rotary Club. Meanwhile, the labor market is in solid shape, she said.
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