Fed’s Daly cautions against premature end to rate hikes, emphasizes need for patience

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<p>San Francisco Fed President Mary Daly, in an interview with the Financial Times, acknowledged the “very, very encouraging” signs of falling inflation in this week’s data. However, she cautioned against hastily concluding the rate-raising cycle, emphasizing the importance of a cautious and informed approach. Daly expressed concern about prematurely ending the cycle, noting the potential […]</p>
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