Federal Reserve President Mary Daly indicated that while the U.S. economy is experiencing a slowdown, it is not on the brink of a deep recession. Her remarks emphasized the resilience of the economy, underscoring strong fundamental indicators that continue to support growth. This statement aims to provide guidance for investors navigating through a complex economic landscape.

Daly's perspective reflects the Fed's position as a central bank focused on maintaining stability amidst fluctuating economic conditions. She noted that despite the deceleration in economic activity, the underpinnings of the economy remain robust, suggesting a pathway for continued expansion rather than contraction.