Bottlenecks explain both price increases and labor shortages – Mary Daly

The president of the Federal Reserve Bank of San Francisco, Mary Daly, He said Tuesday that he is very hopeful that they will feel like they are coming out of the deep hole caused by COVID next year. Reuters.

Featured statements

“The outlook is quite positive, I am optimistic.”

“Confident that we will get more and more vaccinated and people are ready to go out and spend.”

“The bottlenecks explain both the price increases and the labor shortage, both probably transitory.”

“The future of community banking looks much stronger now than it did in the past.”

Market reaction

The US Dollar Index It did not show an immediate reaction to these comments and was last seen losing 0.18% on the day at 90.11.

.

You may also like