15 May | Dollar

San Francisco Fed President emphasizes US economic resilience amid policy shifts

San Francisco Fed President emphasizes US economic resilience amid policy shifts

President of the Federal Reserve Bank (Fed) of San Francisco Mary Daly asserts that the US economy's resilience is prompting officials to exercise caution as they await new data. These reports are about to reveal the effects of Donald Trump's policies on businesses and households. 

According to Daly, the labor market in the United States is currently stable, and inflation is gradually decreasing. Speaking at a conference hosted by the California Bankers Association, she identified these factors as key to achieving sustainable GDP growth rates in the country.

The current monetary policy in the US is moderately restrictive and can respond quickly to economic changes, especially given Trump's ongoing tax and trading reforms, the official noted. 

Last week, Fed representatives decided to keep borrowing costs on hold. Some experts anticipate a rise in unemployment and inflation in the near future, as reported by Bloomberg.

Elena Berseneva MarketCheese
Period: 31.12.2025 Expectation: 2000 pips
Buying USDJPY from 150.000
Yesterday at 11:20 AM 28
Period: 22.10.2025 Expectation: 840 pips
NVIDIA correction unlocks buying opportunities
Yesterday at 10:18 AM 25
Period: 30.11.2025 Expectation: 3800 pips
Buying EURUSD due to expectations of Fed rate cuts
Yesterday at 09:22 AM 37
Period: 21.10.2025 Expectation: 1200 pips
Double bottom suggests EURUSD reversal toward 1.175
Yesterday at 08:13 AM 28
Period: 22.10.2025 Expectation: 880 pips
USDCAD may correct amid escalating trade tensions
Yesterday at 07:58 AM 18
Period: 21.10.2025 Expectation: 7500 pips
Buying Bitcoin near support as price consolidates and US trade rhetoric eases
14 October 2025 51
Go to forecasts