San Francisco Fed President Mary Daly told CNBAC that “we haven’t seen substantial further progress just yet. We’re still looking for substantial further progress.”
“What we’ve seen is some really bright spots, some very encouraging news. It gives me hope, and I am bullish for the future. But it’s too early to say that the job is done,” she added.
Also, “we’re talking about talking about tapering, and that is what you want out of us. You want to be long-viewed here,” she said. “But I want to make sure that everyone knows it’s not about doing anything new. Right now, policy is in a very good place. Policy is supporting the American people.”
