Federal Reserve's Daly: Supports keeping interest rates unchanged in July but warns of the risk of inflation spreading.
According to Zhiyun Finance APP, after the July interest rate meeting, internal policy divisions within the Federal Reserve have intensified, with stubborn inflation once again becoming a major concern for policymakers. Mary Daly, president of the San Francisco Federal Reserve, stated on Wednesday that she supports the decision to maintain interest rates last week but warned that high inflation could be a broader issue, requiring more aggressive measures from policymakers.
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