Inflation may cause Fed to 'act earlier than expected': Deutsche Bank chief U.S. economist

tweet at 11:04am: FED'S DALY: INFLATION IS HIGH, WE HAVE A CHALLENGE RIGHT NOW tweet at 11:04am: Fed's Daly (2021) says US has an inflation challenge, inflation is eye-popping; but notes COVID still affecting supply chains, which matters for inflation and jobs, and still sees inflation as transitory https://t.co/R4U08so6TE tweet at 11:06am: FED'S DALY: EVEN THOUGH IT'S TEMPORARY, HIGH INFLATION HURTS FED'S DALY: IT WOULD BE PREMATURE TO CHANGE CALCULATION ON RAISING RATES FED'S DALY: HIGHER INFLATION READINGS HAVE MY ATTENTION tweet at 11:07am: FED'S DALY: THE NUMBER OF MISSING JOBS ALSO HAS MY ATTENTION. tweet at 11:09am: Fed's Daly: Rate Hikes Now Could Be ‘Quite Premature’, Could Leave Economy Short On Both Price Stability And Employment