Mary Daly, Interview: Rebalancing the Economy with Kyla Scanlon

Inflation

“And that’s about all those things we mentioned. Restaurant meals, haircuts, business services, those have been stickier. And that’s an area where my focus is really on I’m, I’m really focused on that because that also needs to slow down. Inflation needs to come down for us to really be confident that we’re moving towards our price stability goal. So, that’s what has to happen, that’s what I’m looking at. But a little bit of up and down in inflation readings, I wouldn’t be too worried about because transitions are always a little bumpy and the data being bumpy doesn’t mean we’re not on the right path.”