US Stock market: Fed's Daly says AI, inflation uncertainty clouds interest rate outlook
· economictimes.indiatimes.com
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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