According to ChainCatcher, citing Jin10 data, Fed official Daly stated in her latest remarks that monetary policy is currently in a good state, but the highly uncertain economic outlook prevents policymakers from making clear predictions on the future path of interest rates. She explicitly noted that providing forward guidance at this stage is not appropriate.
Daly reiterated that inflation remains a key concern, particularly the persistent rise in energy and food prices, which is putting real pressure on consumers. She believes that in such a complex environment, giving directional guidance on rates could have a misleading effect.
On artificial intelligence, Daly acknowledged that there is still insufficient evidence to show AI has significantly boosted overall productivity, but she remains optimistic about its long-term potential. She forecast that 2027 will be a pivotal year when AI begins to drive tangible economic change.