Fed's Daly (2027 voter) says projections for growth are solid; incoming data looks promising

• There is still a lot of uncertainty, with risks to both sides of our mandated goals.

Fed's Daly's comments suggest a cautious optimism regarding economic growth, which could influence expectations for future monetary policy. While she highlights solid projections, the mention of uncertainty underscores that the Fed is still balancing risks to their dual mandate. This statement may lead traders to reassess their positioning on interest rate paths and the USD, particularly given its implications for risk sentiment in the market.