Fed’s Daly says outlook feels ‘precarious’

Fed’s Daly says outlook feels ‘precarious’

Feb 6 (Reuters) – San Francisco Federal Reserve Bank President ‍Mary Daly said while businesses are largely cautiously optimistic, households are not sure, ‌aware as ‌they are that the current “low-hiring, low-firing” job market could quickly turn into ​a  “no-hiring, more-firing” labor market. “With inflation ‍printing above ​the FOMC’s 2 ​percent goal, this ‍rightly feels precarious,” Daly said in a post on LinkedIn. “What does this ‍mean for …