Fed's Daly: Fed must be on watch for slowing economy – by eren_fxstreet Fed CentralBanks
of San Francisco President Mary Daly refrained from commenting on the next possible Federal Reserve policy decision but reiterated that they must be very date-dependent right now, as reported by Reuters."Banking stresses have calmed, banks are in solid shape.""Tighter credit conditions may be akin to one to two rate hikes.""Do not know how deep and long credit tightening will be.""Global tightening cycle has slowed activity less than expected.
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