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Federal Reserve's Daly: The U.S. economy's fundamentals remain in good shape
ME News report: On April 9th (UTC+8), San Francisco Federal Reserve Chair Daly said on Wednesday that despite the uncertainty and volatility brought about by the Iran war, the U.S. economy’s fundamentals are still “in good shape.” Daly said, “We’re seeing consumers still spending, and businesses still investing.” She added, “There are indeed concerns that this could push up inflation—this is our responsibility, and we will pay attention to it. There are also worries that the labor market may not be stable enough, but we haven’t seen that; what we see is that it’s stabilizing at a good level.” (Jin10) (Source: ODAILY)