- Fed's Daly: “Prudent” to raise Fed funds rate to 2.5% by the end of the year
Market news
20 April 2022
Fed's Daly: “Prudent” to raise Fed funds rate to 2.5% by the end of the year
San Fransisco Fed President and FOMC member Mary Daly on Wednesday noted that it would be "prudent" for the Fed to raise the Federal funds rate to 2.5% by the end of the year, reported Reuters.
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