Federal Reserve's Daly:
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 goodFederal 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
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