Fed policy is in a good place, Daly says ReutersThu, February 19, 2026 at 10:35 PM UTC 0 FILE PHOTO: San Francisco Federal Reserve Bank President Mary Daly attends the Federal Reserve Bank of Kansas City's 2025 Jackson Hole economic symposium, "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy" in Jackson Hole, Wyoming, U.S., August 21, 2025.
Fed policy is in a good place, Daly says
ReutersThu, February 19, 2026 at 10:35 PM UTC
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FILE PHOTO: San Francisco Federal Reserve Bank President Mary Daly attends the Federal Reserve Bank of Kansas City's 2025 Jackson Hole economic symposium, "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy" in Jackson Hole, Wyoming, U.S., August 21, 2025. REUTERS/Jim Urquhart/File Photo
Feb 19 (Reuters) - San Francisco Federal Reserve President Mary Daly on Thursday said that with the labor market in a better place because of the Fed's rate cuts last year, and with inflation expected to resume its decline as the impact of tariffs rolls off, monetary policy is where it should be.
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"Our price stability and full employment both seem to be in a good place; policy is in a good place," Daly said in a live-streamed conversation with former Dallas Fed President Robert Kaplan. "And we have the opportunity now to think through what information is coming in, what impact will AI have, how will productivity evolve, how will demand strength evolve and how should we manage policy going forward."
(Reporting by Ann Saphir; Editing by Chris Reese)
Source: "AOL Breaking"
Source: Breaking
Published: February 20, 2026 at 12:54AM on Source: MARIO MAG
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