Fed's Daly Says More Rate Hikes May Not Be Needed

The transcript discusses the economic changes over the years and the uncertainties affecting the economy. It highlights the Federal Open Market Committee's (FOMC) commitment to full employment and price stability, emphasizing the need for careful monitoring and data-driven policy decisions. The transcript also addresses the potential need for policy tightening to control inflation and the importance of considering all available data to navigate economic uncertainties.

How should decisions be made according to the text?

What does prudent policy making require according to the speaker?