Fed Daly: 3.4% by year end is a reasonable place to get to

San Francisco Fed President Mary Daly said, “about 50% of the elevated inflation we’re seeing is from demand factors, 50% from supply factors.” “50 bps hike would be a reasonable thing to do in September but if we see inflation roaring ahead undauntedly then perhaps 75 bps hike would be more appropriate,” she added. Also, she does […]

The post Fed Daly: 3.4% by year end is a reasonable place to get to appeared first on Action Forex.