Jun 25, 11:52 AM

Federal Reserve Officials Daly and Bowman Discuss Resilient Economy, Inflation Risks, and Policy Rates

Federal Reserve officials Mary Daly and Michelle Bowman have expressed their views on the economy. Daly believes the economy is resilient, with no signs of stagflation or recession. She sees cautious optimism in the business community and notes the stock market rallies reflect enthusiasm. Bowman, on the other hand, warns of inflation risks and the need for steady policy rates. She remains open to raising rates if inflation worsens, emphasizing the importance of central bank independence.

#Federal Reserve #Mary Daly #Michelle Bowman #Daly #Bowman

Written with ChatGPT (GPT-3).