Fed's Daly: Business is cautious amidst the economic uncertainty, but not "stalling out" ...Middle East

Monetary policy well-positioned, moderately restrictiveBusinesses are cautious amid uncertainty, but not stalling outSolid growth, solid labor market, declining inflation, that’s where we want to beFed policy can respond to whatever comes in the economyPatience is the word of the dayLoan demand solid, credits are good

Federal Reserve Bank of San Francisco President Mary Daly is speaking in a fireside chat format before the California Bankers Association 25th Annual Conference and Directors Forum

This article was written by Eamonn Sheridan at www.forexlive.com.

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