Federal Reserve Bank of San Francisco President Daly: The U.S. economic fundamentals are still in good shape, with consumption and investment remaining steady

GateNews

2026-04-08 18:01:55

Gate News, April 8, San Francisco Fed Chair Daly said on Wednesday that despite the uncertainty and volatility brought by the Iran war, the U.S. economy’s fundamentals remain in good shape. Daly said, “We’re seeing consumers still spending, and businesses still investing.” She added, “There are, of course, concerns that this could push inflation higher—that’s our job, and we will watch for that. There are also concerns that the labor market may not be robust enough, but we’re not seeing that. What we’re seeing is that it’s stabilizing at a healthy level.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments