Federal Reserve Bank of San Francisco President Mary Daly said inflation data out Friday indicates monetary policy is working, but said it’s too early to tell when it will be appropriate to lower borrowing costs.
Reade Pickert is a U.S. Economy Reporter and Editor, known for his work with The Detroit News, Bloomberg News, and Yahoo Finance. He has extensive experience covering a wide range of economic topics, including inflation, consumer trends, interest rates, and manufacturing. His work has been featured in numerous publications both in the United States and internationally, highlighting his expertise and knowledge in the field of economics.