Federal Reserve Daly: There is no sign that soaring energy prices are pushing up medium-and long-term inflation expectations

On May 8, Federal Reserve Daly said that he is committed to restoring the inflation rate to the Federal Reserve's 2% target. The current monetary policy is "slightly tightened." If the conflict between the United States and Iran is resolved, it will put downward pressure on inflation. He also said that there is no indication that soaring energy prices are pushing up medium-and long-term inflation expectations.