Fed's Daly said tighter financial conditions are welcome but markets will not do the Fed's work; maintaining price stability is the Fed's responsibility. Financial market conditions are consistent with the policy stance the Fed seeks to achieve.

2026-11-13

Fed's Daly said tighter financial conditions are welcome but markets will not do the Fed's work; maintaining price stability is the Fed's responsibility. Financial market conditions are consistent with the policy stance the Fed seeks to achieve.