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Fed’s Daly Sets High Bar for Slowing Policy Pace
Bloomberg Businessweek
Is There a Pivot?
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Mary Daly, president of the San Francisco Fed, says there will be no rate cut this year. She wants to keep rates at a level that is restrictive enough to bring inflation down and then hold it there until we see inflation truly get close to 2%. "I don't see that happening at all," she said.
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