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Fed’s Daly: COVID-19 caused inflation, but Fed has to fix it

Fed's Daly: COVID-19 caused inflation, but Fed has to fix it

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San Francisco Federal Reserve Bank president Mary Daly on Friday said COVID-19 is the main reason for overly high inflation, and the U.S. central bank needs to raise interest rates to reduce demand to bring it better in line with crimped supply.

...read full article on Reuters

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