Federal Reserve's Daly: Fed policy remains slightly restrictive

Golden Ten Data July 2｜Federal Reserve's Daly: Inflation has risen due to tariff and oil price shocks. Oil prices have retreated, and I hope related pressures can be eased. Federal Reserve policy remains in a slightly restrictive state, which should help bring down inflation. There is a scenario in which economic growth cannot be sustained. There is also a scenario in which the Federal Reserve may have to continue fighting inflation.