On April 4th, San Francisco Federal Reserve Bank President Mary Daly stated in an interview with Fox News that the decrease in the March unemployment rate to 4.3% is "good news," giving policymakers "more time" to balance the risks between inflation and the labor market. She said: "The employment report released on Friday is 'really good news,' 'very encouraging'; even with confidence indices generally low, the data shows that 'the economy and labor market remain stable'; the increased divergence in job growth is also 'good news'; there are no signs of deterioration in the labor market, which 'buys us more time to balance risks, and the current level of monetary policy is just right for this work'; the conflict in Iran may simultaneously impact inflation and economic growth, but its lasting effects are still uncertain; consumers facing pressure from rising gasoline prices may impact their spending; the latest data shows consumers are still spending, 'indicating they have confidence in the economy,' she said.

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