Fed's Mary Daly highlights cautious optimism in business and rising worker concerns about unemployment, underscoring the Fed’s challenge in balancing price stability and full employment.
Federal Reserve official Mary Daly cautioned about a delicate balance in economic conditions, noting cautious optimism in businesses and growing worker uncertainty about job security. Despite stable consumer spending and job supply, she emphasized the Fed's focus on both price stability and full employment amid inflation exceeding the 2% target.