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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 the uncertainty and volatility caused by the Iran war, the U.S. economy remains in a “good state.” Daly said, “We see consumers still spending, 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 this. 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 good level.” (Jinshi) (Source: ODAILY)