{"id":54460,"date":"2021-11-09T22:30:29","date_gmt":"2021-11-09T18:30:29","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54460"},"modified":"2021-11-09T22:30:36","modified_gmt":"2021-11-09T18:30:36","slug":"feds-daly-prices-will-moderate-as-u-s-gets-through-pandemic","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-daly-prices-will-moderate-as-u-s-gets-through-pandemic\/11\/09\/market-updates\/","title":{"rendered":"Fed&#8217;s Daly: Prices will moderate as U. S. gets through pandemic"},"content":{"rendered":"\n<p>San Francisco Fed President Mary Daly was speaking at the National Association of Business Economists virtual meeting.<br><br>Daly said it is too early to know how far the US economy is from full employment, adding that there won\u2019t be better clarity until the middle of next year.<br><br>\u201cIt\u2019s going to take time to know,\u201d Daly explained. With the great amount of uncertainty around the state of the labour market, the best thing to do for now is to stay \u201csteady in the boat\u201d and vigilant, she added.<br>Key comments<br><br>Daly believes that prices will moderate as the U. S. gets through the pandemic. She also worries about the non-modal outlook; watching carefully to see if inflation expectations rise.<br><br>Traders are waiting for the US Consumer Price Index and hence the USD is consolidating, rather than reacting to each comment from central bankers on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>San Francisco Fed President Mary Daly was speaking at the National Association of Business Economists virtual meeting.Daly said it is too early to know how far the US economy is from full employment, adding that there won\u2019t be better clarity until the middle of next year.\u201cIt\u2019s going to take time to know,\u201d Daly explained. With &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53238,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6885,6987,7986,7747,6891,6871],"class_list":["post-54460","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-inflation","tag-mary-daly","tag-pandemic","tag-prices","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=54460"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54460\/revisions"}],"predecessor-version":[{"id":54467,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54460\/revisions\/54467"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53238"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}