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Feds Daly Says I Do Not Want To See Labor Market Weaken Further; We Want Labor Market To Stay About Where It Is; We Need To Adjust Policy Rate To Keep It There; Don't Want To Declare We Are On The Path To Neutral; Policy Rate Is Highly Restrictive, Need To Right-size It; Could See Neutral Real Rate To Be As High As 1%; Expect Growth To Be At Or A Little Below Trend; Goal Has Always Been To Bring Down Inflation As Gently As We Can

Author: Benzinga Newsdesk | August 26, 2024 02:12pm

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