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Fed Daly: Easing monetary policy "sooner rather than later"

In a conference call with the media on Thursday, Ms Daly said she was more convinced that easing monetary policy was sooner rather than later, given recent inflation and employment data. "Based on the information we have received so far, including data on employment, inflation, GDP growth and the economic outlook, I think some policy adjustments may be necessary," Ms Daly said. But Ms Daly declined to say what she thought the Wachovia...

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2024-07-11 19:24:40
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