Fed's Daly: Being In 'Wait and See' Mode Is A Good Place To Be -- Market Talk

Dow Jones04-18 02:09

1408 ET - San Francisco Federal Reserve President Mary Daly says fallout from an energy shock is more likely to show up in inflation than in growth. Because the U.S. is less energy-dependent, the impact is more evident in prices as consumers pay more at the pump. Still, she worries potential for a longer shock may chip away at consumers' disposable income and lead to slower demand. "Being in a wait-and-see-the-data mode-and wait and see how the conflict resolves-is a really nice place to be," she says regarding the policy outlook at UC Berkeley's Fisher Center for Real Estate & Urban Economics' Spring 2026 Policy Advisory Board meeting. (jessica.coacci@wsj.com)

(END) Dow Jones Newswires

April 17, 2026 14:09 ET (18:09 GMT)

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