Federal Reserve Bank of San Francisco President Mary Daly
Earlier:
More now:
- I am not worried about accelerating inflation
- I was more worried about injuring the labor market
- Will watch inflation data carefully
- Little evidence that balance sheet expansion has much of a direct effect on inflation
- We are coming near the inflation target but not satisfied, no victory declared
- Balance sheet is coming down to more normalised levels.
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This article was written by Eamonn Sheridan at www.forexlive.com. Source