Fed prepared to respond, policy in good place, Daly says

June 4 (Reuters) - San Francisco Federal Reserve President Mary Daly on Thursday said that the U.S. interest-rate path will depend on how the economy evolves, adding that monetary policy is "in a good place" and the Fed is prepared to respond "either way."

Returning inflation to the Fed's 2% target, Daly told Bloomberg Television, "is my number one priority."


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