Fed's Daly: Inflation is too high, and two supply chain shocks are pushing inflation much higher | Forex Factory

Fed's Daly: Inflation is too high, and two supply chain shocks are pushing inflation much higher

FED'S DALY: INFLATION IS TOO HIGH, AND TWO SUPPLY CHAIN SHOCKS ARE PUSHING INFLATION MUCH HIGHER.
— Breaking Market News (@financialjuice) March 22, 2022

Added at 2:15pm

FED'S DALY: THE MAJOR RISK I SEE IS INFLATIONARY PRESSURES THAT ARE HIGHER THAN WE WANT, NEED, OR ANTICIPATED. THREE MONTHS AGO
— Breaking Market News (@financialjuice) March 22, 2022

Added at 2:16pm

FED'S DALY: WE NOW HAVE POLICY-SUPPORTED DEMAND AND BRITTLE SUPPLY CHAINS; THIS IS A RECIPE FOR INFLATION.
— Breaking Market News (@financialjuice) March 22, 2022

Added at 2:18pm

*DALY: SOME FISCAL SUPPORT TO FADE, AIDING SUPPLY/DEMAND BALANCE
— Cable FX Macro (@cablefxmacro) March 22, 2022

Added at 2:19pm

FED'S DALY: I CUT A TAD OFF MY PERSONAL GROWTH PREDICTION; IT IS NOW ROUGHLY TRENDING.
— Breaking Market News (@financialjuice) March 22, 2022

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Comment #1
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Mar 22, 2022 2:19pm Mar 22, 2022 2:19pm

Arturke
Joined Dec 2011 | Status: Member | 61 Comments

Agree.

Comment #2
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Mar 22, 2022 3:57pm Mar 22, 2022 3:57pm

Guest
| IP XX.XXX.115.17

Only 2 supply shock? Hm interesting.

Story Stats

Posted: Mar 22, 2022 2:13pm
Submitted by:
Newsstand

Category: Low Impact Breaking News

Comments: 2 / Views: 897