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With inflation progress slow, Fed's Daly says rate cuts may need to wait

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    Posted by Two Blokes Apr 18 - Filed in General - #TwoBlokesTrading  - 2 views
    San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple of interest rate cuts this year, rising risks of inflation mean the central bank may need to do less, especially given that uncertainty over President Donald Trump's trade policy has so far done little to disrupt still-solid U.S. economic growth.