The Federal Reserve's Daley: Inflation is difficult to reach its 2% target this year
2025-05-29 21:14:27
Mr. Daly said: "With inflation struggling to reach its 2 per cent target this year, there has been real progress on inflation and the Fed is firmly committed to meeting its inflation target. Fed monetary policy and the US economy are in good shape. Deregulation and tax cuts are generally good for growth as a whole. Inflation is expected to continue to decline, and the labour market has slowed but remained strong. This is not the right time to adjust the Fed's dual mandate."
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