Economic TimesLean R·
US Stock market: Fed's Daly says AI, inflation uncertainty clouds interest rate outlook
San Francisco Fed President Mary Daly highlighted that US monetary policy remains slightly restrictive, but the economic outlook is increasingly uncertain. The surge in AI-driven investment and a strong job market are creating complex dynamics. While inflation could persist, slowing growth is also a possibility. Daly stressed the need for careful evaluation of data before any interest rate adjustments.
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