Federal Reserve's Daly: The current situation appears "unstable"

According to Odaily, Federal Reserve's Daly stated that the Fed must balance the two-way risks of its various responsibilities. The current situation appears "unstable"; an environment of low hiring and low layoffs may persist, but it could also quickly shift to a labor market with no hiring and more layoffs. Businesses are cautiously optimistic, while workers are less certain. (Golden Ten Data)