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Fed Speak Tag-Team: Gov Waller and SF Fed Pres Daly

US TSYS

No market reaction to Fed Gov Waller or SF Fed Pres Daly, Waller expressing strong support for the accelerated 2x asset purchase taper anncd Wed with rate hike soon after. SF Fed Daly headlines from WSJ live interview

  • Fed's Daly: Expects Future Levels of Inflation to Moderate, DJ
  • Daly: Expects Continued Strong Labor Market, Jobless Rate to Fall Under 4%, DJ
  • Daly: Is Keeping an 'Open Mind' About Rate Hikes Next Year, DJ
  • Daly: Two or Three Rate Hikes Warranted if Economy Robust in 2021, DJ

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