{"id":84289,"date":"2023-05-22T20:15:45","date_gmt":"2023-05-22T16:15:45","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=84289"},"modified":"2023-05-22T20:15:48","modified_gmt":"2023-05-22T16:15:48","slug":"feds-daly-fed-must-be-on-watch-for-slowing-economy","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-daly-fed-must-be-on-watch-for-slowing-economy\/05\/22\/market-updates\/","title":{"rendered":"Fed&#8217;s Daly: Fed must be on watch for slowing economy"},"content":{"rendered":"\n<p>Federal Reserve Bank of San Francisco President Mary Daly refrained from commenting on the next possible Federal Reserve policy decision but reiterated that they must be very date-dependent right now. The US Dollar Index clings to small daily gains near 103.30 after these comments.<br><br>Keys Quotes<\/p>\n\n\n\n<p><br>&#8220;Want to see if policy tightening is affecting economy.&#8221;<\/p>\n\n\n\n<p><br><br>&#8220;Banking stresses have calmed, banks are in solid shape.&#8221;<\/p>\n\n\n\n<p><br><br>&#8220;Still lots of data to get before June FOMC.&#8221;<\/p>\n\n\n\n<p><br><br>&#8220;Tighter credit conditions may be akin to one to two rate hikes.&#8221;<\/p>\n\n\n\n<p><br><br>&#8220;Fed must be on watch for slowing economy.&#8221;<\/p>\n\n\n\n<p><br><br>&#8220;Inflation expectations are well anchored.&#8221;<\/p>\n\n\n\n<p><br>&#8220;Do not know how deep and long credit tightening will be.&#8221;<\/p>\n\n\n\n<p><br>&#8220;FOMC deciding meeting by meeting is more prudent path.&#8221;<\/p>\n\n\n\n<p><br>&#8220;Global tightening cycle has slowed activity less than expected.&#8221;<\/p>\n\n\n\n<p><br>&#8220;Balance sheet draw down working effectively.&#8221;<br><br>&#8220;Seeing some signs of slowing in otherwise strong job market.&#8221;<br><br>&#8220;Fed forecasts only as good as they day they are printed.&#8221;<br><br>&#8220;Real wage growth for most Americans overtaken by inflation.&#8221;<br><br>&#8220;Not surprising to see some rise in credit troubles for some Americans.&#8221;<br><br>&#8220;Would be historical anomaly to get 2% inflation with sub 4% unemployment.&#8221;<br><br>&#8220;Seems completely reasonable to see unemployment go above 4%.&#8221;<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Federal Reserve Bank of San Francisco President Mary Daly refrained from commenting on the next possible Federal Reserve policy decision but reiterated that they must be very date-dependent right now. The US Dollar Index clings to small daily gains near 103.30 after these comments.Keys Quotes &#8220;Want to see if policy tightening is affecting economy.&#8221; &#8220;Banking &hellip;<\/p>\n","protected":false},"author":13,"featured_media":58171,"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":[6885,6868,7986,6858],"class_list":["post-84289","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-fomc","tag-mary-daly","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84289","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=84289"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84289\/revisions"}],"predecessor-version":[{"id":84324,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84289\/revisions\/84324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/58171"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=84289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=84289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=84289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}