Fed's Daly: Bottlenecks are causing both price increases and labor shortages
Comments from the SF Fed President:
There's nothing new here. Bostic is up shortly.
- Access to childcare and schooling is hindering the return to work
- Bottlenecks are transitory
- Jobs stability and predictability is hurting the return of workers
- She's is 'bullish' on outlook and her modal outlook is quite positive