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Fed's Daly: Economic conditions merit gradual normalization of monetary policy

FXstreet.com Monday, 12 November 2018
 Below are some key takeaways from San Francisco Fed President Mary Daly remarks delivered to a regional economic development group in Dallas, Texas.

· U.S. economic expansion seems 'destined' to become longest on record.
· Labor market is booming, United States at or beyond full employment.
· Sees inflation rising to a bit above 2 pct over the next year.
· Economic conditions merit gradual normalization of monetary policy.
· Fed rate hikes not on autopilot.
· Sees upside potential for U.S. workforce participation, cites parental leave policies.

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