More from SF Fed Pres.Mary Daly: Fed is facing calibration exercise on policy ...Middle East

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Policy is in a good place, there is more work to doEncouraged we been able to bring inflation down with labor market solidWe are on path to bring inflation down as gently as we canFed is facing calibration exercise on policyHolding on too long with rates could create unforced error, her economyWe are waiting and watching economy to fine-tune our decision-makingThe next key economic release is the employment statistics on Friday. Recall non-farm payroll rose by 353,000 last month surprising the market in the process. The expectations are for a number around 190,000 on Friday.The ADP national employment numbers came in at 140K earlier today less than the 150K estimate. The prior month was revi

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