Federal Reserve Daly: The pre-pandemic economic expansion was particularly remarkable. It continued for nearly 11 years, the longest in US history. We've seen some of the same patterns play out in our current economic expansion. They are “cautiously optimistic” about the economic outlook.

Federal Reserve Daly: The pre-pandemic economic expansion was particularly remarkable. It continued for nearly 11 years, the longest in US history. We've seen some of the same patterns play out in our current economic expansion. They are “cautiously optimistic” about the economic outlook.