Labor market 'solid,' fight against inflation is making progress, SF Fed's Daly says

21 hours ago 1

U.S. Economy

Federal Reserve Reconsiders How Banks Are Overseen After Silicon Valley Bank Collapse

"I really think the labor market is in solid shape," San Francisco Fed President Mary C. Daly said on Thursday in discussing the central bank's two mandates of full employment and price stability.

"It may take a little longer to

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Labor market 'solid,' fight against inflation is making progress, SF Fed's Daly says

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