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Fed's Daly: Need to get interest rate to neutral expeditiously
*FED'S DALY: NEED TO GET INTEREST RATE TO NEUTRAL EXPEDITIOUSLY
— Cable FX Macro (@cablefxmacro) June 1, 2022
Added at 11:16am
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ðŸ§*DALY: SEES NEUTRAL RATE AT ABOUT 2.5% IN NOMINAL TERMS
— Cable FX Macro (@cablefxmacro) June 1, 2022
Added at 11:16am
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*DALY SEES 50-BP RATE INCREASES AT EACH OF 2 NEXT MEETINGS
— Cable FX Macro (@cablefxmacro) June 1, 2022
Added at 11:17am
Added at 11:19am
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Fed's Daly:
— DailyFX Team Live (@DailyFXTeam) June 1, 2022
- I am willing to do whatever it takes to get inflation heading downward
- I am open to pulling the reins back on the economy