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fed's daly advocates for continued interest rate cuts to protect labor market

Federal Reserve Bank of San Francisco President Mary Daly indicated that the central bank is likely to continue cutting interest rates to prevent further deterioration in the labor market. Speaking at the Wall Street Journal’s TechLive conference, she noted that current rates are too tight for an economy trending towards 2% inflation.
bloomberg.com
United States Dollar Federal Reserve Bank of San Francisco USA Mary Daly
Finance & Economy, Transcript
01:36 22.10.2024
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