The Federal Reserve should not be quick to raise short-term interest rates to cool inflation because there are costs to workers and the economy, said San Francisco Fed President Mary Daly on Tuesday.
“Pre-emptive action isn’t free. Like all insurance there are costs,” Daly said during a speech at the Commonwealth Club in San Francisco.
Holy shit time to get rich off of this either way it goes down
🤡🤡🤡🤡🤡🤡🤡
This is no pre-emptive rise... They are late, mzybe already too late
The market told me that on 11/05
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Source: WSJ - 🏆 98. / 63 Read more »
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