TechFlow, November 10 — Federal Reserve's Daly stated that the U.S. economy may be suffering from weak demand, while inflation related to tariffs currently appears to remain under control. Daly, who is not currently a voting member of the Federal Open Market Committee, did not specify what action might be taken at the upcoming December meeting. She said: "To get policy right, you need to keep an open mind and dig deeply into the evidence on both sides of the debate." Daly added: "So far, the effects of tariffs have largely been confined to goods and have done little to spill over into services inflation or inflation expectations, which remain relatively well anchored near our target." (Gold 10)
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