The Fed's Daly: No comments on monetary policy

Federal Reserve Bank of San Francisco President Mary Daly declined to comment on monetary policy or the economic outlook in an interview with CNBC on Friday.

Daly, who is not a voting member of the Federal Open Market Committee this year, said she is "very supportive" of the central bank's current policy stance and is "very comfortable" with the Fed's inflation target.

"I think we're in a good place right now," Daly said.

The Fed has kept interest rates near zero and has been buying at least $120 billion of bonds each month to support the economy during the pandemic.

Daly said the central bank is "really focused" on achieving its maximum employment and price stability goals and is "prepared to adjust policy as appropriate" to achieve those goals.

She also emphasized the importance of addressing racial and economic disparities, saying that the Fed is "very focused" on understanding and addressing these issues.

Daly's comments come ahead of the Fed's next policy meeting on March 16-17, where officials are expected to discuss the central bank's asset purchase program and its forward guidance on interest rates.