Despite the Federal Reserve's restrictive monetary policy, US stock indices have repeatedly reached new highs. Federal Reserve Daly said that it is important not only to consider the performance of financial benchmarks, but also to consider the actual credit conditions that borrowers face in the economy. She pointed out that, from businesses to households, few economic entities finance by selling shares. More people are taking loans and facing a range of interest rates, from mortgages to bank loans, she said. “I'm considering our policy positions, and I'm considering various interest rates,” Daly said.

Despite the Federal Reserve's restrictive monetary policy, US stock indices have repeatedly reached new highs. Federal Reserve Daly said that it is important not only to consider the performance of financial benchmarks, but also to consider the actual credit conditions that borrowers face in the economy. She pointed out that, from businesses to households, few economic entities finance by selling shares. More people are taking loans and facing a range of interest rates, from mortgages to bank loans, she said. “I'm considering our policy positions, and I'm considering various interest rates,” Daly said.