7 Jun 2019
Fed’s Daly: Economy is settling at a natural pace of growth
The San Francisco Fed President Mary Daly is currently speaking to the students and faculty at the Singapore Management University on early Friday.
Her initial statement states that the US economy is settling at a natural pace of growth.
Off-late majority of the Fed policymakers have been dovish, except the latest one i.e. New York Fed President John Williams.
Investors recently fear for the Fed rate cut amid sluggish data and likely negative impact of the US-led trade protectionism.