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Economic News

Fed's Daly: Oil Shock Slowing Inflation Fight

Details
10 April 2026
San Francisco Federal Reserve President Mary Daly said the U.S. economy is fundamentally solid, the labor market has steadied, and monetary policy is in a "good place" - restrictive enough to put downward pressure on inflation without undercutting the labor market.

Original Source:

https://www.newsmax.com/finance/economy/mary-daly-federal-reserve-bank-of-san-francisco-oil/2026/04/10/id/1252497

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