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Federal Reserve's Daly: The U.S. economy's fundamentals remain in good shape
ME News Report, April 9 (UTC+8), San Francisco Federal Reserve Chair Daly stated on Wednesday that despite uncertainties and volatility caused by the Iran war, the U.S. economy remains “in good shape.” Daly said, “We see consumers still spending, and businesses still investing.” She added, “There are indeed concerns that this could push up inflation — it’s our responsibility, and we will pay attention to it. There are also worries that the labor market may not be strong enough, but we haven’t seen that; what we see is that it is stabilizing at a healthy level.” (Jinshi) (Source: ODAILY)