FAIRFAX, Virginia, May 9 (Reuters) - There is "considerable" uncertainty about where U.S. inflation will head in the coming months, San Francisco Federal Reserve President Mary Daly said on Thursday, while adding she still has faith that price pressures are continuing to ease.
"What the last three months of data have done is widen the confidence bands back out. There's considerable ... uncertainty about what the next few months of inflation will be," Daly said during an interview for a podcast taped on Thursday at George Mason University's Mercatus Center. "We've had three stubborn months of data, but I still see monetary policy is working ... I do think that we're seeing, in a really positive way, disinflation." (Reporting by Howard Schneider; Editing by Paul Simao)
