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Bitcoin.com 2023-06-25 22:30:45

San Francisco Fed President Deems 2 Rate Hikes in 2023 ‘Reasonable,’ Urges Caution in Monetary Policy

Mary Daly, the president of the San Francisco Federal Reserve Bank, expressed her views this week, stating that she believes two additional rate hikes this year would be appropriate. However, she maintains a neutral stance regarding the forthcoming July Federal Open Market Committee (FOMC) meeting, emphasizing her desire to preserve flexibility by “maintaining optionality.” Fed’s

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