Mary daly meme muscles
  • The Fed can reduce demand, which is about half of the cause of inflation
  • Supply is still very short, made shorter by the war in Ukraine
  • The Fed can address inflation, at least partly
  • We will have slower growth and perhaps below 2% but it won't be negative
  • Expect unemployment rate to rise slightly but not like in a recession
  • We are tapping on the brakes to get a more suitable pace

Daly is speaking in an interview on LinkedIn.