Fed's Daly Sees Inflation Slowing, Warns of Uncertainties
Bloomberg 2026-07-02 14:08:35
Context: Federal Reserve Bank of San Francisco President Mary Daly stated that inflation is expected to slow down, but the economic outlook remains uncertain. She made these comments during an event hosted by the Bank of Spain in Santander, Spain.
Key Facts
- Federal Reserve Bank of San Francisco President Mary Daly expressed her expectation that inflation should start to slow down, indicating a potential easing of price pressures in the economy.
- The economic outlook remains uncertain, according to Daly, suggesting that various factors could influence the trajectory of the economy in the coming period.
- Daly made these statements during a Bank of Spain event held in Santander, Spain, which provided a platform for her to share her insights on the current state of the economy.