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Fed’s Daly Says Statement Language Is Less Important Than Action

Posted

May 7, 2026

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Federal Reserve Bank of San Francisco President Mary Daly downplayed division in the central bank’s policy statement, saying it's too early to tell if the central bank is at the end of its rate-cutting cycle. She speaks with Bloomberg's Michael McKee.

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Fed’s Daly Says Statement Language Is Less Important Than Action · Bloomberg Podcasts · Sentinel