Fed Daly: 4.75% – 5.25% is reasonable for policy rate end-point

San Francisco Fed President Mary Daly told CNBC that “consumers are preparing for slower economy, that’s a good start.” She added that Fed wants to see “economy slow” to “get inflation down”, and “slower inflation, labor market are encouraging “. She also said “pausing” the tightening cycle is “not part of the discussion” right now. The […]

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