Mary Daly, Interview: A Fortt Knox Conversation

“I totally agree. I’m on the soft landing side and by soft landing I mean I expect us to have a slower economy. That’s what we’re trying to do is slow the economy we’re taking off the enormous support we gave during the pandemic and we’re trying to get the economy working on its own and it’s demonstrating it can do that. We’re trying to get demand back in balance with supply and so that would be a slower economy, a slightly cooler labor market, which is right now so hot that people can’t find workers and stores, at least in my neighborhood and across the district I serve, they’re not even regularly open on the hours that they’ve posted because they don’t have the staff to fully do that.”