Fed’s Daly Calls for ‘Expeditious’ Rate Increases to End Year at Neutral Levels

Federal Reserve Bank of San Francisco leader Mary Daly said Wednesday that the U.S. central bank should move up its short-term target rate quickly to neutral levels and then take stock whether it needs to go further in its effort to bring down high levels of inflation.

Federal Reserve Bank of San Francisco leader Mary Daly said Wednesday that the U.S. central bank should move up its short-term target rate quickly to neutral levels and then take stock whether it needs to go further in its effort to bring down high levels of inflation.

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