金色财经|Feb 06, 2026 16:45
[Federal Reserve's Daly: The Fed Must Balance the Dual Risks of Its Dual Mandate]
According to a report by Jinse Finance, Federal Reserve's Daly stated in an article that when communicating with businesses, they exhibit cautious optimism. Economic growth is solid, consumer spending remains stable, job openings are plentiful, and increased productivity is helping to control costs. However, when speaking with workers, they are not as certain. This is also reflected in the latest polls, which show that Americans expect fewer job opportunities and a rise in unemployment. In many ways, this disconnect is reasonable. We are already in a period where both hiring and layoffs are relatively low, and this situation has persisted for some time. This may continue, but workers are acutely aware that circumstances could change rapidly, placing them in a labor market with fewer hires and more layoffs.
Given that inflation remains above the FOMC's 2% target, this situation indeed feels unstable. So, what does this mean for policy? We must balance the dual aspects of our mandate. Americans need both price stability and full employment, and we cannot take either aspect for granted.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink