San Francisco Fed President Mary Daly, in an interview with Germany’s Börsen-Zeitung newspaper, expressed confidence in the current state of monetary policy, stating that “policy is in a very good place” as Fed has “raised the key interest rate significantly.” She further mentioned, “We don’t need an insurance mentality now, where we hedge against rising […]
The post Fed’s Daly: Inflation hedge unnecessary, dismisses rate cuts notion appeared first on Action Forex.