Federal Reserve Bank of San Francisco President Mary Daly
Earlier:
Fed’s Daly: One or two more Fed rate cuts likely this year
More now:
I am not worried about accelerating inflationI was more worried about injuring the labor marketWill watch inflation data carefullyLittle evidence that balance sheet expansion has much of a direct effect on inflationWe are coming near the inflation target but not satisfied, no victory declaredBalance sheet is coming down to more normalised levels.
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This article was written by Eamonn Sheridan at www.forexlive.com.
