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Fed’s Daly Says Policy Division Is Less Important Than FOMC Action
Posted
May 7, 2026
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13:09Now PlayingFederal Reserve Bank of San Francisco President Mary Daly downplayed division in the central bank’s policy statement, pointing to the agreement by the Fed’s rate-setting committee to holding rates steady. Daly says it is too early to tell if the central bank is at the end of its rate-cutting cycle and explains what she is watching for on inflation expectations from consumers and producers.
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