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The Fed: Fed’s Daly warns against ‘preemptive’ interes rate hikes to cool inflation

The Fed: Fed's Daly warns against ‘preemptive' interes rate hikes to cool inflation

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The Federal Reserve should not be quick to raise short-term interest rates to cool inflation because there are costs to workers and the economy, said San Francisco Fed President Mary Daly on Tuesday.

...read full article on Market Watch

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