Federal Reserve Official Weighs In on Interest Rate Increase and Inflation Worries
Monday, 20 May 2024, 13:57
Fed's Daly on Interest Rates and Inflation
In a recent statement, Mary Daly, a senior official at the Federal Reserve, provided insights on interest rates and inflation.
Fed's Cautious Stance
Mary Daly emphasizes the need for a cautious approach to rate hikes despite inflation concerns.
- Strategy: Fed's approach to monetary policy
Despite the current economic conditions, the Fed is holding off immediate rate adjustments.
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