Deep Tide TechFlow News, October 7, according to Jin10 Data, New York Fed President Dalia Cohen Daly recently stated publicly that, based on the current trajectory of macroeconomic data, policymakers may need to tighten monetary policy further. Her remarks directly addressed ongoing market attention to the future policy path.
Daly stressed that with inflation data not yet fully back within the target range and the labor market remaining relatively tight, easing the policy stance too soon could pose risks. She said policymakers would closely monitor changes in various economic indicators and adjust interest rates flexibly in response.
Her comments further clarified some Fed officials’ inclination to maintain a restrictive interest-rate environment, providing an important reference point for policy guidance at upcoming rate-setting meetings.
Daly stressed that with inflation data not yet fully back within the target range and the labor market remaining relatively tight, easing the policy stance too soon could pose risks. She said policymakers would closely monitor changes in various economic indicators and adjust interest rates flexibly in response.
Her comments further clarified some Fed officials’ inclination to maintain a restrictive interest-rate environment, providing an important reference point for policy guidance at upcoming rate-setting meetings.